First quarter 2024
-
Net sales amounted to
SEK 192.4 million (195.5). -
Product profit amounted to
SEK 82.3 million (79.1), with a product margin of 42.8% (40.4). -
EBITDA amounted to
SEK 36.4 million (41.6), corresponding to an EBITDA margin of 18.9% (21.3). -
EBIT amounted to
SEK 30.6 million (36.5), corresponding to an EBIT margin of 15.9% (18.7). -
Operating cash flow amounted to
SEK 18.3 million (58.8). -
Interest-bearing net debt was
SEK -21.4 million (50.6). -
Earnings per share amounted to
SEK 0.9 (0.9). - No items affecting comparability for the quarter.
"In line with our expectations, the first quarter of the year posted sales on a par with the preceding year despite high comparative figures from 2023 when we reported growth of 66% in the same period. We see demand for our products remaining at high levels.
We are now preparing for an intense period of launches, in both existing and new categories. The launches will start at the international
For the full-year 2024 we see good opportunities for continued growth, but with weaker performance in the second quarter followed by a stronger second half with positive effects from our growth-driving initiatives."
Telephone and web conference
A telephone and web conference will be held for investors, analysts and media on
Link to web conference:
https://ir.financialhearings.com/fractal-gaming-group-q1-report-2024
To sign up for the telephone conference:
https://conference.financialhearings.com/teleconference/?id=5002943
For more information, please contact
Telephone: +46 31 380 71 00
E-mail: IR@fractal-design.com
Telephone: +46 31 380 71 00
E-mail: IR@fractal-design.com
This information is information that
Certified Advisor
About Fractal
https://news.cision.com/fractal-gaming-group/r/fractal-gaming-group-interim-report-january-march-2024,c3967206
https://mb.cision.com/Main/20067/3967206/2758146.pdf
https://mb.cision.com/Public/20067/3967206/8e2fa6e587748833.pdf
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