•     Net sales amounted to SEK 5,246 million (6,272).

•     Organic sales growth was -16.4 per cent (-2.4), of which SMB accounted for -12.2 per cent (-10.0) and LCP -18.1 per cent (1.1).

•     The gross margin amounted to 16.3 per cent (14.6).

•     Adjusted EBITA amounted to SEK 201 million (212), corresponding to an adjusted EBITA margin of 3.8 per cent (3.4).

•     EBIT totalled SEK 142 million (157), including items affecting comparability of SEK -16 million (-9).

•     Profit for the quarter was SEK 76 million (81).

•     Earnings per share before dilution totalled SEK 0.18 (0.72), based on an average of 411,454,009 shares (113,118,776).

•     Cash flow from operating activities amounted to SEK -202 million (250).

•     Net sales declined 14.5 per cent to SEK 11,040 million (12,908).

•     Organic sales growth was -16.7 per cent (3.0), of which SMB accounted for -10.9 per cent (-8.9) and LCP -18.9 per cent (8.7).

•     The gross margin amounted to 15.8 per cent (14.0).

•     Adjusted EBITA amounted to SEK 393 million (412), corresponding to an adjusted EBITA margin of 3.6 per cent (3.2).

•     EBIT totalled SEK 271 million (294), including items affecting comparability of SEK -33 million (-28).

•     Profit for the period amounted to SEK 109 million (148).

•     Earnings per share before dilution totalled SEK 0.41 (1.30), based on an average of 262,286,393 shares (113,118,776).

•     Cash flow from operating activities amounted to SEK 49 million (165).

•     At the end of the period, net debt in relation to adjusted EBITDA over the past 12-month period was 3.1 (4.4).

"The market trend remained weak, which had a clear negative impact on sales volumes. It was satisfying to see continued improvements in the margin during the second quarter through effective cost control, price discipline and changes in the mix. Adjusted EBITA amounted to SEK 201 million (212) and the adjusted EBITA margin increased to 3.8 per cent (3.4). We are focusing on delivering on our strategic plan by continuing to invest selectively in operations to drive growth and increase profitability over time", says Johan Karlsson, President and CEO at Dustin.

For additional information, please contact:

Fredrik Sätterström, Head of Investor Relations

fredrik.satterstrom@dustin.com,+46 705 10 10 22

Contact person:

Eva Ernfors, Head of Communication

eva.ernfors@dustin.com,+46 70 258 62 94

This information is information that Dustin 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 08:00 CET on April 10, 2024.

About Dustin

Dustin is a leading online based IT partner in the Nordics and the Benelux. We help our customers to stay in the forefront by providing them with the right IT solution for their needs.

We offer approximately 280,000 products with related services to companies, the public sector and private individuals. Sales for the financial year 2022/23 amounted to approximately SEK 23.6 billion and more than 90 per cent of the revenues came from the corporate market.

Dustin has approximately 2,200 employees and has been listed on Nasdaq Stockholm since 2015 with headquarters in Nacka Strand just outside central Stockholm.