Nimbus Group AB (publ) increased its sales by 25 percent to MSEK 338 (271) during the fourth quarter 2022 due to continued healthy sales. EBITA amounted to MSEK 10.3 (5.6) and the EBITA margin to 3.1 percent (2.1). “During the fourth quarter sales continue to develop well and despite the fact that 2022 was a year with a lot of supply chain disturbances, we increased our sales with 20 percent to approximately MSEK 1,700, which is a new record”, says Jan-Erik Lindström, CEO of Nimbus Group.
| FOURTH QUARTER October–December 2022 | FULL YEAR January–December 2022 |
| Net sales for the third quarter increased 25 percent to MSEK 338 (271). | Net sales totaled MSEK 1,751 up 20 percent year-on-year (1,455). |
| Organic growth totaled 21.5 percent. EBITA amounted to MSEK 10.3 (5.6). |
Organic growth totaled 18.5 percent. EBITA amounted to MSEK 192.5 (166.4). |
| The EBITA margin was 3.1 percent (2.1). | The EBITA margin was 11 percent (11.4). |
| Operating cash flow amounted to MSEK -63 (-29). | Operating cash flow amounted to MSEK -146 (-14). |
| The order book by year-end totaled MSEK 930 (1,139). | Earnings per share amounted to SEK 7.72 (7.09). The board proposes a dividend of SEK 1.5 per share |
| Fourth quarter 2022 | Fourth quarter 2021 | % | Jan-Dec 2022 |
Jan-Dec 2021 |
% | |
| Net sales, MSEK | 337.9 | 270.9 | 25 | 1751.2 | 1455.4 | 20 |
| Operating result, MSEK | 10.2 | 5.5 | 87 | 192.0 | 165.9 | 16 |
| EBITA, MSEK | 10.3 | 5.6 | 84 | 192.5 | 166.4 | 16 |
| EBITA margin, % | 3.1% | 2.1% | 1.0 pe | 11.0% | 11.4% | -0.4 pe |
| Result for the period, MSEK | 3.0 | 7.5 | -60 | 149.6 | 133.0 | 13 |
| Operating cash flow, MSEK | -63.0 | -29.4 | -114 | -146.3 | -14.3 | 923 |
| Earnings per share | 0.15 | 0.39 | -60 | 7.72 | 7.09 | 9 |
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
Link to the report: https://nimbusgroup.se/en/reports-and-presentations/
Analyst conference call: A webcast telephone conference will be held today at 10:00 a.m. during which President and CEO Jan-Erik Lindström will present the report together with CFO Rasmus Alvemyr. The presentation will be followed by a Q&A session. The presentation will be held in English. Anyone wishing to take part in the telephone conference, please register using the following web link: https://conference.financialhearings.com/teleconference/?id=5004779. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
The presentation and conference can also be followed and listened to via the following link: https://ir.financialhearings.com/nimbus-q4-2022
