Preliminary figures for the third quarter show an increased EBITA of 200 percent compared to the same period last year
October 12 2022 - 9:30AM
Preliminary figures for the third quarter show an increased EBITA
of 200 percent compared to the same period last year
Press release October 12, 2022Gothenburg, Sweden
Preliminary figures for the
third quarter show an increased EBITA
of 200
percent compared to the same period last
year
Hexatronic’s sales and earnings during
the third quarter of 2022 are
expected to increase sharply due to
continued strong growth, primarily in the
US, the
UK, and Germany.
Preliminary net sales for the quarter amounted to approximately
1,729 MSEK (905), which corresponds to 91 percent growth compared
to the same period last year, of which about 50 percent is organic.
EBITA for the third quarter is expected to amount to 316 MSEK
(106), which corresponds to 200 percent growth compared to the same
period last year and an EBITA margin of 18.3 percent (11.7).“We
have continued to see very strong demand in basically all our
markets during the quarter. The investments in increased production
capacity and in the strengthening of the organization over the last
years, together with increased demand has been the leading
contributor to the strong preliminary result for the third quarter
“, says Henrik Larsson Lyon, CEO Hexatronic Group AB.The report for
the third quarter of 2022 will be published as planned on October
28 at 07.00 CEST.
Gothenburg, October 12, 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 15:30 CEST on October 12,
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®.
- 2022-10-12 Preliminary figures for the third quarter show an
increased EBITA of 200 percent compared to the same period last
year
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