Brief: Desenio Group Q4 Adjusted EBITA Down At Sek 48.9 Mln

Desenio AB (publ)

16/02/2022 06:11

Feb 16 (Reuters) - Desenio Group AB (publ)  DSNO.ST :
    * FULL-YEAR REPORT JAN 1–DEC 31 2021
    * BOARD OF DIRECTORS PROPOSES NO ORDINARY DIVIDEND. REASON
IS THAT
CASH FLOWS WERE LOWER THAN EXPECTED IN 2021.
    * Q4 NET SALES DECREASED 5.6% TO SEK 319.4 (338.3) MILLION
    * Q4 OPERATING PROFIT AMOUNTED TO SEK 38.9 (92.8) MILLION,
CORRESPONDING TO AN OPERATING MARGIN OF 12.2% (27.4%)
    * Q4 ADJUSTED EBITA WAS SEK 48.9 (93.2) MILLION
    * OUTLOOK: IN Q1 2022 WE WILL MEET VERY CHALLENGING
COMPARATIVE
FIGURES,  DUE TO VERY STRONG POSITIVE COVID-RELATED EFFECTS IN
THE PREVIOUS  YEAR
    * OUTLOOK: WE WILL ALSO MEET TOUGH COMPARABLES IN THE FIRST
HALF
OF  Q2, BUT EXPECT OUR OPERATIONAL INITIATIVES TO TRANSLATE INTO
DOUBLE  DIGIT GROWTH DURING THE SECOND HALF OF 2022.

Source text for Eikon:  ID:nMFNccmj2n 
Further company coverage:  DSNO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))