Preliminary figures for the second quarter show an increased EBITA of 173 percent compared to the same period last year
July 11 2022 - 2:00PM
Preliminary figures for the second quarter show an increased EBITA
of 173 percent compared to the same period last year
Press release July 11, 2022Gothenburg, Sweden
Preliminary figures for the
second quarter show an increased EBITA of
173 percent
compared to the same period last year
Hexatronic’s sales and earnings during
the second quarter of 2022 are
expected to increase sharply due to strong growth, primarily in the
US, the UK and
Germany.
Preliminary net sales for the quarter amounted to approximately
1,662 MSEK (782), which corresponds to 112 percent growth compared
to the same period last year, of which about 60 percent is organic.
EBITA for the second quarter is expected to amount to 278 MSEK
(102), which corresponds to 173 percent growth compared to the same
period last year and an EBITA margin of 16.7 percent (13.0).
“The strong development in the first quarter was strengthened
during the second quarter. We have continued to see very strong
demand in basically all our markets during the quarter. The
investments in increased capacity and in strengthening of the
organization over the last years, together with increased demand
has been the leading contributor to the strong preliminary result
for the second quarter, “says Henrik Larsson Lyon, CEO Hexatronic
Group AB.
The report for the second quarter of 2022 will be published as
planned on August 11 at 07.00 CEST.
Gothenburg, July 11, 2022
Henrik Larsson LyonCEO Hexatronic Group
For more information, please
contact:Henrik Larsson Lyon, CEO
Hexatronic Group, +46 706 50 34 00Pernilla Lindén, CFO
Hexatronic Group, +46 708 77 58 32
This is information that Hexatronic Group AB (publ) is obliged
to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of
the contact person set out above, at 20:00 CEST on 11 July 2022.
This is a translation of the Swedish version of the press release.
When in doubt, the Swedish wording prevails.
Hexatronic creates sustainable networks all over the world. We
partner with customers on four continents – from telecom operators
to network owners – and offer leading, high-quality fiber
technology for every conceivable application. Hexatronic Group
(publ.) was founded in Sweden in 1993 and the Group is listed on
Nasdaq OMX Stockholm. Our global brands include Viper, Stingray,
Raptor, InOne, and Wistom®.
- 2022-07-11 Preliminary figures for the second quarter show an
increased EBITA of 173 percent compared to the same period last
year
Hexatronic Group Ab (LSE:0RDH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hexatronic Group Ab (LSE:0RDH)
Historical Stock Chart
From Jul 2023 to Jul 2024