Fourth quarter 2023
- Net sales amounted to
SEK 142.6 million (141.7). -
Product profit amounted to
SEK 58.2 million (52.4), with a product margin of 40.8% (37.0). -
EBITDA amounted to
SEK 12.6 million (13.3), corresponding to an EBITDA margin of 8.8% (9.4). -
EBIT amounted to
SEK 6.8 million (8.0), corresponding to an EBIT margin of 4.8% (5.7). -
Operating cash flow amounted to
SEK -56.2 million (15.0). -
Interest-bearing net debt was
SEK -7.9 million (115.6). -
Earnings per share amounted to
SEK 0.1 (0.1). - No items affecting comparability for the quarter.
Jan-
- Net sales amounted to
SEK 773.3 million (485.6). -
Product profit amounted to
SEK 315.3 million (179.1), with a product margin of 40.8% (36.9). -
EBITDA amounted to
SEK 137.2 million (34.0), corresponding to an EBITDA margin of 17.7% (7.0). -
EBIT amounted to
SEK 115.8 million (15.3), corresponding to an EBIT margin of 15.0% (3.1). -
Operating cash flow amounted to
SEK 131.6 million (26.4). -
Earnings per share amounted to
SEK 3.1 (0.4). - No items affecting comparability during the period.
"As we predicted, the last quarter of the year posted significantly lower growth due to strong sales to our sales channels during the first nine months of the year. During the quarter, we worked to ensure that inventory levels were balanced and that they matched the expected sales growth to the end consumer in the quarters ahead.
2023 was a fantastic year for Fractal, with net sales growth of 59.2% for the full year and our highest result ever. Growth exceeded our expectations and our strategic growth initiatives had a clear effect. We are growing significantly more than the market and attracting new customers, which is clear proof that we have a strong and distinct offering.
For the full-year 2024, we see good opportunities for continued growth: a weaker first half of the year, as expected, but a stronger second half with positive effects from our growth-driving initiatives, including the planned launch of our new products, expanding into new product categories and increased marketing 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-q4-report-2023
To sign up for the telephone conference:
https://conference.financialhearings.com/teleconference/?id=50047321
For more information:
Telephone: +46 31 380 71 00
E-mail: IR@fractal-design.com
Telefon: +46 31 380 71 00
E-post: IR@fractal-design.com
This information is information that
Certified Advisor
About Fractal
Fractal Design is a PC gaming hardware manufacturer based in
https://news.cision.com/fractal-gaming-group/r/fractal-gaming-group-s-year-end-report--q4--2023,c3923959
https://mb.cision.com/Main/20067/3923959/2588875.pdf
https://mb.cision.com/Public/20067/3923959/a0cccd6411c25bf0.pdf
(c) 2024 Cision. All rights reserved., source