1 January–31 March
- Net sales increased 87.1% to MSEK 523.7 (279.9), of which organic growth amounted to 7.1%
- ARR increased 39.0% to MSEK 1,663.9 (1,197.1), of which organic growth amounted to 8.2%
- Adjusted EBITDA was MSEK 173.5 (113.9), corresponding to an adjusted EBITDA margin of 33.1% (40.7)
- EBIT was MSEK 18.9 (-34.7), including items affecting comparability of MSEK -22.1 (-76.0)
- Profit/loss for the period totalled MSEK 10.7 (-139.0)
- Basic and diluted earnings per share amounted to SEK 0.05 (-1.49)
- Cash flow from operating activities totalled MSEK 145.3 (-15.0)
- Net debt at the end of the period, in relation to adjusted EBITDA for the latest twelve-month period, decreased to 3.3x (–) compared to 3.8x at the end of the fourth quarter
Solid organic growth and increased result
“Demand for our products and services remained healthy through the first quarter, but has been adversely impacted by delayed decisions by our customers due to uncertainty in the construction market, mainly driven by continued material shortages and price volatility. Continued spread of coronavirus and subsequent shutdowns, together with the war in Ukraine, has created challenges for the construction industry in terms of materials supply and delivery times. As a result, Byggfakta Group reports slightly weaker new sales resulting in an organic sales growth of 7.1 percent in the first quarter and an adjusted EBITDA margin in line with the fourth quarter”, says Stefan Lindqvist, CEO of Byggfakta Group.