Absolent Air Care : Interim Report January-June 2022

Press release

Göteborg, August 17, 2022

ABSOLENT AIR CARE GROUP INTERIM REPORT

April-June 2022

• Net sales amounted to SEK 350.7 (269.6) million, which equals a growth of 30.1 (37.2) %.
• Operating profit before amortizations and depreciations (EBITDA) increased by 45.5 % and amounted to SEK 73.4 (50.4) million with a margin of 20.9 (18.7) %.
• Operating profit (EBIT) increased by 54.2 % and amounted to SEK 63.4 (41.1) million with a margin of 18.1 (15.2) %.
• Earnings per share amounted to SEK 3.75 (2.72).
• Cash flow from operating activities amounted to SEK 20.6 (34.2) million.

January-June 2022

• Net sales amounted to SEK 672.8 (502.7) million, which equals a growth of 33.8 (5.7) %.
• Operating profit before amortizations and depreciations (EBITDA) increased by 59.0 % and amounted to SEK 135.5 (85.2) million with a margin of 20.1 (17.0) %.
• Operating profit (EBIT) increased by 73.5 % and amounted to SEK 115.3 (66.5) million with a margin of 17.1 (13.2) %.
• Earnings per share amounted to SEK 7.17 (4.33).
• Cash flow from operating activities amounted to SEK 62.9 (61.9) 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: [phone]

E-mail: [e-mail]

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.

Phone: [phone]

Email: [e-mail]

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 1:00 p.m. CEST on August 17, 2022.

Absolent Air Care Group AB (publ) | Västra Hamngatan 10 | SE-411 17 Göteborg Sweden

Corp. ID-no:556591-2986 | Phone: [phone] | [e-mail]