Press release -
Increased gross margin and healthy growth in core operations
First quarter
| SEK million | Q 1 15/16 | Q 114/15 | Q 2 14/15– Q1 15/16 | Full-year14/15 |
| Net sales | 2,123.6 | 2,067.5 | 7,989.5 | 7,933.5 |
| Organic sales growth (%) | 2.5 | 12.0 | - | 5.7 |
| Gross margin (%) | 14.8 | 14.2 | 14.2 | 14.1 |
| Operating profit (EBIT) | 86.8 | 68.8 | 236.0 | 218.0 |
| Adjusted EBITA | 104.8 | 96.9 | 361.3 | 353.5 |
| Adjusted EBITA margin (%) | 4.9 | 4.7 | 4.5 | 4.5 |
| Profit for the period | 76.9 | 31.5 | 170.4 | 125.0 |
| Earnings per share, before and after dilution, (SEK)* | 1.01 | 0.48 | 2.30 | 1.75 |
| Cash flow from operating activities | 199.0 | -69.5 | 327.1 | 58.6 |
| Net debt/adjusted EBITDA (multiple) | - | - | 2.3 | 2.8 |
| Return on equity (%) | - | - | 12.3 | 9.4 |
* In order to obtain comparability between the periods, the average number of shares has been recalculated based on historic figures.
For additional information, please contact:
Niklas Alm, Head of Investor relations
niklas.alm@dustin.se, +46 708 24 40 88
This information is such that Dustin Group AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on January 19, 2016.
About Dustin
Dustin is one of the leading Nordic resellers of IT products and additional services to companies, the public sector and private individuals. Having its core business within e-commerce, Dustin functions as a bridge between the manufacturer’s large selection and the customer’s needs where Dustin’s employees help customers find the right solution for their needs.
Dustin is a one-stop-shop that offers approximately 200,000 products with associated services, functions and solutions. The operation is conducted in Sweden, Denmark, Norway and Finland.
Dustin has more than 900 employees. Sales during the 2014/15 financial year amounted to approximately SEK 7.9 billion. More than 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium companies. Dustin is listed on Nasdaq Stockholm since 2015 and has its head office in Nacka in Stockholm.
