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SECARE Swedencare AB (publ) News Story

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Brief: Swedencare Q2 Adj EBITDA Down At SEK 122.9 Mln

July 23 (Reuters) - Swedencare AB (publ) SECARE.ST:

Q2 NET INCOME SEK -6.9 MILLION

Q2 EPS SEK -0.04

Q2 REVENUE SEK 646.7 MILLION

Q2 ADJUSTED EBITDA SEK 122.9 MILLION, DOWN 13% Y/Y

Q2 ORGANIC GROWTH WAS 7%, IMPROVEMENT Q/Q BUT BELOW TARGET

EXPERIENCED A CURRENCY IMPACT DURING QUARTER OF -8%

M&A FOCUS GOING FORWARD TO BE MORE FOCUSED ON NEW GEOGRAPHIES

SEES ASIA AS VERY INTERESTING MARKET, CHINA, INDIA

Source text: ID:nMFN770s0T

Further company coverage: SECARE.ST

 (Gdansk Newsroom)

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

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