Revenues increased in the fourth quarter by four percent to 61.8 (59.6) and EBIT increased by 60 percent to 8.8 MSEK (5.5). Profitability was positively affected by currency effects. For the full year 2022, sales grew by 76 percent, out of which 16 percent in organic growth. Operating profit increased to 32.4 MSEK (20.1).
In the fourth quarter, business unit Surgical Table sales declined by four percent following significant component shortages. Meanwhile, Surgical Instruments increased sales by ten percent after a strong performance in
"When we summarize the year 2022, I can conclude that we have had strong organic growth within both our business units. Nine percent for Surgical Instruments and 18 percent for Surgical Tables.", says Niklas Carlén.
The board of directors proposes to the annual general meeting dividend of
"We are continuing our growth journey and I look forward to continuing this in 2023 together with Torbjörn Sköld, who will be Stille's new CEO starting in March, 2023.", concludes Stille's interim CEO.
MSEK | OCT-DEC 2022 | OCT-DEC 2021 | JAN-DEC 2022 | JAN-DEC 2021 |
Revenue | 61.8 | 59.6 | 246.3 | 187.1 |
Gross Profit Margin, % | 45.8 | 45.4 | 45.3 | 44.6 |
Operating Profit | 8.8 | 5.5 | 32.4 | 20.1 |
Operating Profit, % | 14.2 | 9.2 | 13.2 | 10.7 |
EBITDA | 11.6 | 7.6 | 42.1 | 26.8 |
Net Income | 7.7 | 5.9 | 27.3 | 16.1 |
Torshälla,
This information is such information that
For more information, please contact:
Niklas Carlén
Interim CEO and President
+46 (0)73 087 49 70 | niklas.carlen@stille.se
https://news.cision.com/stille/r/stille-ab--year-end-report-2022,c3716926
https://mb.cision.com/Main/1000/3716926/1856249.pdf
https://mb.cision.com/Public/1000/3716926/8a94150343d1a877.pdf
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