ORGANOCLICK AB (PUBL) PUBLISH INTERIM REPORT FOR Q2 2022

The second quarter had a mixed outcome for the Group. Declining sales in the building supplier market negatively affected sales of our consumer products. On the other hand, we doubled the sales of binders in the Nonwoven and technical textile business unit, through increased deliveries to Duni and Ahlstrom-Munksjö. The net meant a reduction in the Group’s sales by -3.3 (10.4) % to SEK 38.5 (39.8) million.

Translation from CEO Mårten Hellbergs comments to the Interim Report.

Q2, 1 April - 30 June 2022

The Group compared with 2021

» Net revenue amounted to SEK 38.53 (36.06) million

» The gross margin amounted to 17.6 (20.9) %

» EBIT amounted to SEK -6.73 (-4.10) million

» Cash-flow from operating activities amounted to SEK -8.52 (-7.57) million

1 January – 30 June 2022

The Group compared with 2021

» Net revenue amounted to SEK 71.16 (69.48) million

» The gross margin amounted to 21.1 (21.7) %

» EBIT amounted to SEK -10.92 (-8.66) million

» Cash-flow from operating activities amounted to SEK -24.87 (-25.76) million

The complete version of the Interim Report is attached in this press release and is available on the companys´ homepage. The informationen in this Interim Report is according to the rules of Nasdaq First North Growth Market.

This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 17-08-2022 08:30 CET.