Embellence Group Year-end report 2021
Solid finish to a strong 2021
Fourth quarter of 2021
- Net sales amounted to MSEK 174.0 (166.1), up 4.8%.
- EBITA amounted to MSEK 25.8 (21.0), up 22.9%
- Adjusted EBITA amounted to MSEK 30.4 (30.0), up 1.3%.
- Net profit for the quarter amounted to MSEK 18.4 (9.9), and earnings per share before dilution to SEK 0.86 (0.46).
- Operating cash flow amounted to MSEK 15.2 (19.5)
- The equity ratio amounted to 47.1% (41.3)
Significant events during the quarter
- Pappelina acquired two production facilities
- Organisational and legal changes at Boråstapeter
- Lotta Samuelson became new CEO of Borås Tapetfabrik AB
- The Board will propose a dividend of SEK 0,80 per share to the 2022 AGM
Significant events after the end of the quarter
- Embellence Group acquires US company Artscape, Inc. Part of the purchase price will be paid through a rights issue of 1,105,619 shares, in accordance with the authorization from Embellence Group's Annual General Meeting 25 February 2021
- Cole&Son opens a Flagship Store in Chelsea, London
This information is information that Embellence Group AB 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, on 22 February 2022 at 08:00 a.m. CEST.
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