Slight improvement in underlying profitability and reliable operating cash flow despite challenging market conditions
FOURTH QUARTER 2024
• Net sales decreased by -9.8 percent to SEK 389 (431) million. In unchanged currency rates, sales decreased by -10.5 percent.
• Operating profit before amortisation of intangible assets (EBITA) decreased by -37 percent to SEK 25 (39) million, including SEK -3.2 (6.7) million attributable to unrealised exchange rate gains and losses and the reversal of contingent consideration of SEK 3.3 (6.0) million.
• Cash flow from operating activities amounted to SEK 39 (42) million, corresponding to SEK 1.59 (1.92) per share.
• Earnings per share amount to SEK 0.28 (0.68).
• The equity ratio increases to 52 percent from 44 percent on 31 December 2023.
FULL YEAR JANUARY - DECEMBER 2024
• Net sales increased by 2.0 percent to SEK 1,604 (1,573) million. In unchanged currency rates, sales increased by 1.3 percent.
• Operating profit before amortisation of intangible assets (EBITA) decreased by -12 percent to SEK 94 (107) million, including SEK -2.3 (0.0) million in acquisition costs, SEK -11.8 (-1.5) million attributable to unrealised exchange rate gains and losses and the reversal of contingent consideration of SEK 3.3 (6.0) million.
• Cash flow from operating activities amounted to SEK 125 (137) million, corresponding to SEK 5.24 (6.36) per share.
• Earnings per share amount to SEK 1.54 (1.76).
• The equity ratio increases to 52 percent from 44 percent on 31 December 2023.
| Quarter 4 | January - December | |||||
| 2024 | 2023 | 2024 | 2023 | |||
| Net sales. MSEK | 389.0 | 431.5 | 1 603.8 | 1 572.8 | ||
| Gross margin. % | 25.7 | 23.7 | 25.3 | 24.4 | ||
| EBITA. MSEK | 24.9 | 39.3 | 94.4 | 106.8 | ||
| EBITA. % | 6.4 | 9.1 | 5.9 | 6.8 | ||
| Profit for the period. MSEK | 6.9 | 14.8 | 36.9 | 37.9 | ||
| Earnings per share. SEK | 0.28 | 0.68 | 1.54 | 1.76 | ||
SIGNIFICANT EVENTS DURING THE QUARTER
• Pierre Fors was acting President and CEO during the period 1 October - 6 January, during which he stepped down as Chairman of the Board but remained as a Board member. Jonas Mårtensson, Vice-Chairman, acted as Chairman of the Board during the same period.
SIGNIFICANT EVENTS AFTER THE END OF THE PERIOD
• On 7 January, Fredrik Valentin took over as President and CEO. Pierre Fors thus stepped down from the role of acting President and CEO and returned to his previous position as Chairman of the Board. Jonas Mårtensson, who had been Chairman of the Board between 1 October and 6 January, returned to his position as Vice-Chairman.
• Despite a strong cash flow during the year, the Board proposes that no dividend be paid for 2024, in light of good investment opportunities with good return potential going forward.
About Alcadon Group AB
Alcadon conducts operations in Sweden, Norway, Denmark, Germany, the UK, Ireland and Benelux. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products and systems.
Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 2, 112 64 Stockholm, Sweden
Tel: +46 8-657 36 00, E-mail info@alca.se, webb: www.alcadongroup.se
Contacts
For more information, please contact:
Alcadon Group AB
Fredrik Valentin, CEO
Mobile: +46 70 282 34 12
E-mail: fva@alcadon.com
www.alcadongroup.se
Certified Adviser: Svensk Kapitalmarknadsgranskning AB
Phone number: +46 8 913 008
E-mail: ca@skmg.se
This information is information that Alcadon Group is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2025-02-20 08:00 CET.
