Brief: QleanAir Q4 EBIT Loss SEK 18 Mln Vs SEK 18 Mln Yr Ago

Qleanair AB

01/02/2023 07:59

Feb 1 (Reuters) - QleanAir  QAIR.ST :
    * ANNOUNCED ON TUESDAY PRELIMINARY RESULTS FOR Q4, 2022 
    * Q4 NET REVENUE SEK 120 MLN VS SEK 118 MLN YR AGO
    * Q4 GROSS PROFIT SEK 68 MLN VS SEK 81 MLN YR AGO
    * Q4 EBIT LOSS SEK 18 MLN VS SEK 18 MLN YR AGO
    * IN Q4, GROSS PROFIT INCLUDES NON-RECURRING ONE-TIME
WRITE-DOWNS
OF INVENTORY, RELATED TO PROJECTS IN NORDIC REGION AMOUNTING TO
TOTAL OF ABOUT SEK 13 MLN
    * EBIT-RESULT WAS NEGATIVELY AFFECTED BY NON-RECURRING ITEMS
AMOUNTING TO TOTAL OF ABOUT SEK 5 MLN RELATED TO ONE-TIME COSTS
FOR THE CHANGE OF CEO AND ORGANIZATIONAL CHANGES, ABOUT SEK 3
MLN FOR ADDITIONAL PROJECT RELATED COSTS
    * IN TOTAL, ABOUT SEK 21 MLN IN NON-RECURRING COSTS AFFECTED
Q4
    * COST INCREASED DURING THE FOURTH QUARTER RELATED TO
INVESTMENTS
IN MARKETING, SALES AND PRODUCT DEVELOPMENT
    * BOD IN QLEANAIR WILL PROPOSE TO AGM 2023, THAT NO DIVIDEND
FOR
THE YEAR 2022 IS PAID OUT

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN1TND96
 Further company coverage:  QAIR.ST  
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