Press release -
Q2: Strong sales growth in all markets
Second quarter
- Net sales for the quarter increased 11.9 per cent to SEK 2,503 million (2,237).
- Organic growth in fixed exchange rates was 8.7 per cent (2.4).
- The gross margin increased to 14.9 per cent (14.7).
- Adjusted EBITA increased to SEK 124 million (113).
- EBIT increased to SEK 106 million (97).
- Profit for the quarter amounted to SEK 75 million (74).
- Earnings per share, before and after dilution, including discontinued operations, amounted to SEK 0.99 (0.96).
- Cash flow from operating activities amounted to a negative SEK 55 million (pos: 90).
September 2016 - February 2017
- Net sales for the period increased 9.8 per cent to SEK 4,787 million (4,360).
- Organic growth in fixed exchange rates was 6.6 per cent (2.5).
- The gross margin increased to 14.9 per cent (14.7).
- Adjusted EBITA increased to SEK 240 million (218).
- EBIT increased to SEK 204 million (184).
- Items affecting comparability amounted to a negative SEK 2 million (neg: 2).
- Profit for the period amounted to SEK 143 million (150).
- Earnings per share, before and after dilution, including discontinued operations, amounted to SEK 1.88 (1.97).
- Cash flow from operating activities amounted to SEK 250 million (289).
- Net debt in relation to adjusted EBITDA in the past 12-month period was 1.9 (2.1 for the full-year 2015/16).
For further information, please contact:
Fredrik Sätterström, Head of Investor Relations
fredrik.satterstrom@dustin.se, +46 705 10 10 22
Contact person:
Eva Ernfors, Head of Information
eva.ernfors@dustin.se, +46 70 258 62 94
This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on April 5, 2017.
About Dustin
Dustin is one of the leading Nordic resellers of IT products with associated services to companies, the public sector and private individuals. With its core business in e-commerce, Dustin functions as a bridge between the manufacturer’s wide-ranging offerings and customer requirements, in which Dustin’s employees support customers in finding the appropriate solution for them.
Dustin is a one-stop-shop that offers some 200,000 products with associated services, features and solutions. Operations are conducted in Sweden, Denmark, Norway and Finland.
The company has approximately 900 employees. Sales during the 2015/16 financial year amounted to approximately SEK 8.3 billion. About 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium-sized companies. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.
