Financial summary for the first quarter
- Net sales increased by 139.3 percent to
EUR 67.3m (28.1). Organic growth excluding currency effects was 27.8 percent (40.2) -
Gross profit amounted to
EUR 41.3m (14.5) with a gross margin of 61.3 percent (51.5) -
Adjusted EBITDA amounted to
EUR 8.1m (5.5) with an adjusted EBITDA margin of 12.1 percent (19.7). Adjusted EBITDA, excluding the FX effect from the revaluation of operating balance sheet items, amounted toEUR 8.2m (4.7) and the margin 12.2 percent (16.8) -
EPS, before dilution amounted to
EUR -0.03 (-0.01) -
Adjusted EPS, before dilution amounted to
EUR 0.02 (0.04)
Significant events during the first quarter
- On
19 January 2022 , Cint announced changes to the executive committee with the additions of Andy Ellis (COO), Rick Pittenger (CTO) and Felicia Winberg (General Counsel). -
On
1 February 2022 , Cint held an extraordinary general meeting which elected Patrick Comer as new chair of the board of directors and Carl Sparks as new member of the board of directors.
CEO Tom Buehlmann:
The year has started at a high pace with net sales increasing by 27.8 percent on organic basis excluding currency effects or by 139.3 percent to
EBITDA, adjusted for items affecting comparability, amounted to
We feel confident about our financial targets of reaching, and then maintaining, annual organic sales growth of at least 25 percent in the medium term while delivering at least 25 percent EBITDA margin.
For more information, please contact:
Joakim Andersson, CFO
Tel: +46 760 448 330
Email: joakim.andersson@cint.com
Patrik Linzenbold, Head of IR
Tel: +46 708 252 630
Email: patrik.linzenbold@cint.com
This disclosure contains information that
About Cint
Cint is a global software leader in digital insights gathering. The Cint platform automates the insights gathering process so that companies can gain access to insights faster with unparalleled scale. Cint has the world's largest consumer network for digital survey-based research, made up of 160 million engaged respondents across more than 130 countries. More than 3,200 insights-driven companies - including SurveyMonkey, Zappi, Kantar and GfK - use Cint to accelerate how they gather consumer insights and supercharge business growth.
https://news.cision.com/cint-ab/r/a-great-start-to-2022-with-integration-ahead-of-plan,c3558708
https://mb.cision.com/Main/19973/3558708/1573387.pdf
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