Revenue increased by 8% to
Unless stated otherwise, the figures in this report concern continuing operations.
Q4 2023
- Net sales amounted to
SEK 227 million (210). Growth amounted to 8%, of which organic growth for comparable entities amounted to -8% compared with the same period in 2022 - Operating profit/loss (EBIT) amounted to
SEK -20 million (16), negatively impacted by impairment losses on goodwill ofSEK -29 million (0) - EBITA amounted to
SEK 17 million (22), corresponding to a margin of 7% (10) - Adjusted EBITA amounted to
SEK 3 million (9), corresponding to a margin of 1% (4) - Earnings per share before and after dilution amounted to
SEK -0.65 (-0.10)*
The period January –
- Net sales amounted to
SEK 1,000 million (851). Growth was 18%, of which organic growth for comparable entities amounted to -5% compared with the same period in 2022 - Operating profit (EBIT) amounted to
SEK 13 million (81), negatively impacted by impairment losses on goodwill ofSEK -41 million (0) - EBITA amounted to
SEK 81 million (101), corresponding to a margin of 8% (12) - Adjusted EBITA amounted to
SEK 72 million (80), corresponding to a margin of 7% (9) - Earnings per share before and after dilution amounted to
SEK -1.72 (0.49/0.47)* - The Board of Directors proposes that no dividend be distributed for 2023
Significant events in the reporting period
- On
November 1st, 2023 , the assets in the subsidiary Hedén Group were divested - On
December 7th, 2023 ,Seafire announced that the Board of Directors had resolved to dismiss CEOJohan Bennarsten from his position and, onDecember 20th ,Seafire announced that he had been relieved of his duties with effect fromDecember 31st, 2023 and thatJacob Persson , the company's CFO, had been appointed acting CEO. Severance costs for the CEO were charged to the profit during Q4 - As a result of disappointing profitability, challenging market conditions and a change in the interest rate situation in the subsidiaries Nordbutiker and Kenpo Sandwich,
Seafire recognized impairment losses on goodwill ofSEK 29 million during Q4
*) Key ratios inclusive of divested business
The interim report is available on Seafire’s website (https://www.seafireab.com/en/financial-information).
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