Bifogade filer
Prenumeration
Beskrivning
Land | Sverige |
---|---|
Lista | Small Cap Stockholm |
Sektor | Finans |
Industri | Investeringar |
Net sales decreased by 8 percent to SEK 264 (288) million, and adjusted EBITA amounted to SEK 18 (26) million in Q2. Borö-Pannan was severely impacted by weak demand and inventory adjustments in the supply chain for heat pumps. Excluding Borö-Pannan, the Group’s sales and earnings were in line with the same period in the previous year. Strong cash flow of SEK 40 million from operating activities after changes in working capital.
Unless stated otherwise, the figures in this report concern continuing operations.
Q2 2024
- Net sales amounted to SEK 264 (288) million, -8 percent compared with the same period in 2023, of which organic growth accounted for -8 percent
- Adjusted EBITA amounted to SEK 18 (26) million, corresponding to a margin of 7 (9) percent
- EBITA amounted to SEK 25 (22) million, corresponding to a margin of 9 (7) percent
- Operating profit/loss (EBIT) amounted to SEK -16 (15) million, impacted by goodwill impairment of SEK 35 million
- Basic and diluted earnings per share amounted to SEK -0.65 (-0.32*)
- Cash flow from operating activities was SEK 40 (6) million
The period January - June 2024
- Net sales amounted to SEK 482 (541) million. Growth amounted to -11 percent, of which organic growth for comparable entities amounted to -13 percent compared with the same period in 2023
- Adjusted EBITA amounted to SEK 24 (50) million, corresponding to a margin of 5 (9) percent
- EBITA amounted to SEK 30 (37) million, corresponding to a margin of 6 (7) percent
- Operating profit/loss (EBIT) amounted to SEK -18 (24) million, impacted by goodwill impairment of SEK 35 million
- Basic and diluted earnings per share amounted to SEK -0.77 (-0.85*)
- Cash flow from operating activities was SEK 39 (-24) million
Significant events during and after the reporting period
- Following impairment testing, Seafire recognized a goodwill impairment of SEK 35 million in its subsidiary Borö-Pannan in the second quarter
- On August 1, Daniel Repfennig took over the role of President and CEO of Seafire
*) Key ratios inclusive of divested business
The interim report is available on Seafire’s website (https://www.seafireab.com/en/financial-information).