Nimbus Group AB (publ) increased its sales by 13 percent to MSEK 402 (355) during the third quarter 2022 due to continued healthy sales. EBITA amounted to MSEK 45 (43) and the EBITA margin to 11.1 percent (12.0). “It is satisfying that we achieve an EBITA margin of a healthy 11.1 percent despite continued supply chain disruptions and robust investments in the North American market. It is also satisfying to note that measured on an R12M basis, sales reached a new all-time-high”, says Jan-Erik Lindström, CEO of Nimbus Group
| THIRD QUARTER July–September 2022 | FIRST NINE MONTHS January–September 2022 |
| Net sales for the third quarter increased 13 percent to MSEK 402 (355). | Net sales totaled MSEK 1,413 up 19 percent year-on-year (1,185). |
| Organic growth totaled 10.8 percent. EBITA amounted to MSEK 45 (43). |
Organic growth totaled 17.9 percent. EBITA amounted to MSEK 183 (161). |
| The EBITA margin was 11.1 percent (12.0). | The EBITA margin was 12.9 percent (13.6). |
| Operating cash flow amounted to MSEK -151 (-94). | Operating cash flow amounted to MSEK -106 (13). |
| The order book totaled MSEK 1,051 (960). | Earnings per share amounted to SEK 7.57 (6.76). |
| Third quarter | First nine months | |||||||||||
| 2022 | 2021 | % | 2022 | 2021 | % | Last 12 months | Full year 2021 |
% | ||||
| Net sales, MSEK | 402.4 | 355.2 | 13 | 1,413.3 | 1,184.5 | 19 | 1,684.2 | 1,455.4 | 16 | |||
| Operating result, MSEK | 44.7 | 42.6 | 5 | 182.5 | 160.4 | 14 | 187.9 | 165.9 | 13 | |||
| EBITA, MSEK | 44.8 | 43.0 | 4 | 182.9 | 161.1 | 14 | 188.4 | 166.4 | 13 | |||
| EBITA margin, % | 11.1 % | 12.0 % | -0.9 pe | 12.9 % | 13.6 % | -0.7 pe | 11.2 % | 11.4 % | -0.2 pe | |||
| Result for the period, MSEK | 27.7 | 32.6 | -15 | 146.7 | 125.5 | 17 | 154.1 | 133.0 | 16 | |||
| Operating cash flow, MSEK | -151.2 | -94.2 | 60 | -106.3 | 12.8 | -930 | -132.9 | -14.3 | 829 | |||
| Earnings per share | 1.43 | 1.68 | -15 | 7.57 | 6.76 | 12 | 7.95 | 7.09 | 12 | |||
For more information, please contact:
Jan-Erik Lindström, CEO
E-mail: jan-erik.lindstrom@nimbus.se
Rasmus Alvemyr, CFO
E-mail: rasmus.alvemyr@nimbus.se
Analyst Conference Call. A web-cast telephone conference will be arranged by Nimbus Group today at 10:00 CET, where CEO Jan-Erik Lindström and CFO Rasmus Alvemyr will present the report. The presentation will be followed by a Q&A session. The presentation will be held in English and can be followed on the web or over the phone. Anyone wishing to take part in the telephone conference in conjunction with the presentation can phone the following numbers from Sweden: +46 8 505 583 68, UK: +443333000804 UK-PIN: 80510599#, US: +1 613 913 1422 US PIN: 80510599# The presentation and conference can also be followed and listened to via the following link: https://tv.streamfabriken.com/nimbus-q3-2022
