HANZA had a strong performance in the first quarter

HANZA AB (publ) estimates that the net sales for the first quarter amounted to just over SEK 1 billion with an operating margin exceeding 7.5%, excluding electricity subsidies granted during the period.

HANZA sees continued good development in 2023 due to a combination of high demand and efficient production, following an expansion program implemented in 2022.

Analysts who follow the company estimate on average that sales for the first quarter will amount to just under SEK 1 billion with an operating margin (EBITA margin) of about 6.5%. The company estimates that the net sales for quarter one, 2023, amounted to approximately SEK 1,050 million with an operating margin (EBITA margin) exceeding 7.5%. The margin will be further positively affected by an electricity subsidy in Sweden granted during the first quarter. The company sees a margin increase in both the Main Markets and Other Markets segments.

Accumulated 12 months ("rolling 12") net sales are estimated to be slightly below SEK 3.8 billion with an operating margin exceeding 6.5%.

HANZA's interim report for the first quarter will be published on May 3, 2023.

This disclosure contains information that HANZA AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 17-04-2023 11:49 CET.