Brief: Karnov Q1 Adjusted EBITA Margin 23%

Karnov AB (publ)

03/05/2024 06:52

May 3 (Reuters) - Karnov Group AB (publ)  KARNO.ST :
    * GROWTH IN NET SALES IS DRIVEN BY INCREASED ONLINE SALES,
ESPECIALLY WITHIN PUBLIC SECTOR IN SWEDEN
    * ADJUSTED EBITA MARGIN REACHED 23% IN Q1, IN LINE WITH
PREVIOUS
YEAR
    * FCF IMPACTED BY TIMING OF TAX PAYMENTS AND POSITIVE
DEVELOPMENT
WITHIN NET WORKING CAPITAL COMING FROM TIMING OF INVOICING IN
REGION SOUTH
    * WE EXPERIENCE TAILWINDS FROM INCREASED REGULATIONS WITHIN
EUROPE, CREATING A GROWING DEMAND FOR GOVERNANCE SOLUTIONS AMONG
CORPORATES

Source text for Eikon:  ID:nWkr94nncp 
Further company coverage:  KARNO.ST 

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