July-September 2023

• Net sales amounted to SEK 354.7 (326.4) million, which equals a growth of 8.7 (28.3) %.
• Operating result before amortizations and depreciations (EBITDA) increased by 9.7 % and amounted to SEK 73.7 (67.2) million with a margin of 20.8 (20.6) %.
• Operating result (EBIT) increased by 7.4 % and amounted to SEK 61.6 (57.3) million with a margin of 17.4 (17.6) %.
• Earnings per share amounted to SEK 3.48 (3.81).
• Cash flow from operating activities amounted to SEK 62.1 (78.1) million.

January-September 2023

• Net sales amounted to SEK 1,066.5 (999.2) million, which equals a growth of 6.7 (32.0) %.
• Operating result before amortizations and depreciations (EBITDA) increased by 5.2 % and amounted to SEK 213.3 (202.8) million with a margin of 20.0 (20.3) %.
• Operating result (EBIT) increased by 4.3 % and amounted to SEK 180.1 (172.7) million with a margin of 16.9 (17.3) %.
• Earnings per share amounted to SEK 10.94 (10.98).
• Cash flow from operating activities amounted to SEK 130.1 (141.0) million.

Further information

The complete interim report is available at

https://www.absolentgroup.com/en/investors/financial-reports/

For further questions please contact:

Axel Berntsson, CEO and President

Karin Brossing Lundqvist, CFO

Phone: +46 (0) 510 48 40 00

E-mail: ir@absolentgroup.com

Absolent Air Care Group AB is listed on Nasdaq First North Growth Market.

Certified Adviser for Absolent Air Care Group AB is Erik Penser Bank AB.

This information is information that Absolent Air Care Group AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 8:00 a.m. CET on October 30, 2023.

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