Humble Group - Q1: beat on sales and earnings - ABG
Proforma org. growth of 20% vs. ABGSCe 18% Focus on operating excellence going forward We expect cons. to make pos. EBITA rev.
ANNONS
Q1'23 outcome
Q1 sales came in at SEK 1,592m (+10% vs. ABGSCe 1,441m) and adj. EBITA at SEK 121m (+7% vs. ABGSCe 113m). Proforma organic growth was 20% vs ABGSCe 18%. Operating cash flow was marginally better than expected, mostly due to some net working capital release.
