Second Quarter (April-
Net sales amounted to TSEK 106,392 (79,885), which is an increase of 33.2% compared to the same period last year.
The gross margin amounted to 58.6% (54.5).
Operating profit before depreciation and amortization (EBITDA) amounted to TSEK 29,911 (16,422), which corresponds to an operating margin before depreciation and amortization of 28.1% (20.6).
Operating profit (EBIT) amounted to TSEK 20,589 (9,960), which corresponds to an operating margin of 19.4% (12.5).
Earnings per share before dilution amounted to
(Comparative figures in parentheses refer to the corresponding period in the previous year.)
Half-year (Jan-
Net sales amounted to TSEK 205,698 (154,089), which is an increase of 33.5% compared to the same period last year.
The gross margin amounted to 58.8% (55.0).
Operating profit before depreciation and amortization (EBITDA) amounted to TSEK 58,462 (34,378), which corresponds to an operating margin before depreciation and amortization of 28.4% (22.3).
Operating profit (EBIT) amounted to TSEK 40,446 (21,256), which corresponds to an operating margin of 19.7% (13.8).
Earnings per share before dilution amounted to
(Comparative figures in parentheses refer to the corresponding period in the previous year.)
Comments from the CEO
Doubled profitability and continued strong growth
We continue the year with a strong second quarter where we see organic growth of 33% and improved operating profit of as much as 107%. The value in installations grows by approximately 37% and inventories at wholesalers are in the normal range for the period. The gross margin also increases to 58.6% from 54.5% for the same quarter last year, mainly due to production optimizations for our volume products.
We presented a new product category at Eliaden 2022,
We will participate in Light + Building in
Despite the turbulent world situation, higher interest rates and inflation, we do not see any significant effect on our sales. For us, as for other companies, the situation may change since it is difficult to predict future developments.
The component situation in the world is unchanged, which means continued challenges. We handle this through a fast and agile redesign of products and higher levels of inventory, which means that our delivery ability remains unaffected.
In summary, a strong quarter on our journey of multidimensional growth with increased profitability.
CEO
For further information
Phone: +46 (0) 10 207 89 01
E-mail: investor@plejd.com
About the company
https://news.cision.com/plejd/r/doubled-profitability-and-continued-strong-growth,c3600292
https://mb.cision.com/Main/13880/3600292/1603684.pdf
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