Brief: Swedencare - Q4 EBITDA Amounted To SEK 8.2 mln

Swedencare AB (publ)

13/02/2020 07:38

Feb 13 (Reuters) - Swedencare AB (publ)  SECARE.ST :
    * YEAREND REPORT OCTOBER 1ST - DECEMBER 31ST 2019
    * Q4 NET REVENUE AMOUNTED TO 34,084 KSEK (27,778 KSEK), AN INCREASE OF 23%
    * Q4 EBITDA AMOUNTED TO 8,246 KSEK (7,684 KSEK), CORRESPONDING TO AN INCREASE OF 7% AND AN
EBITDA
MARGIN OF 24,2% (27.7%)
    * RECORD ORDER FROM CHINA IN Q3 WAS FOLLOWED BY AN EVEN LARGER ORDER IN Q4, RESULTING IN
THAT
CHINA ACCOUNTED FOR AS MUCH AS 13% OF OUR TOTAL SALES IN QUARTER
    * WE CONTINUE TO HAVE GOOD GROWTH IN US AND NORDIC COUNTRIES
    * US INCREASED BY 26% IN QUARTER AND 47% FOR YEAR
    * STRONG Q3 IN UK LED TO A SOMEWHAT WEAKER DEVELOPMENT DURING Q4 AND AN EXPECTED LARGE ORDER
FROM
KOREA WAS POSTPONED TO Q1 2020

Source text for Eikon:  ID:nWkr92WjXF 
Further company coverage:  SECARE.ST 

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