Dustin Group AB: Dustin’s market position is creating opportunities

STOCKHOLM--()--Regulatory News:

Second quarter

· Net sales for the quarter increased 2.2 per cent to SEK 2,237 million (2,188).

· Organic growth in fixed exchange rates was 2.4 per cent (7.0).

· The gross margin increased to 14.7 per cent (13.8).

· Operating profit totalled SEK 97 million (54).

· Adjusted EBITA increased to SEK 113 million (108).

· Items affecting comparability amounted to SEK 0 million (neg: 38).

· Profit for the period totalled SEK 74 million (25).

· Earnings per share, before and after dilution, including discontinued operations amounted to SEK 0.96 (0.37).

· Cash flow from operating activities amounted to SEK 90 million (136).

September 2015 – February 2016

· Net sales for the period increased 2.4 per cent to SEK 4,360 million (4,256).

· Organic growth in fixed exchange rates was 2.5 per cent (9.2).

· The gross margin increased to 14.7 per cent (14.0).

· Operating profit totalled SEK 184 million (123).

· Adjusted EBITA increased to SEK 218 million (204).

· Items affecting comparability amounted to a negative SEK 2 million (neg: 49).

· Profit for the period totalled SEK 150 million (57).

· Earnings per share, before and after dilution, including discontinued operations amounted to SEK 1.97 (0.85).

· Cash flow from operating activities amounted to SEK 289 million (67).

· Net debt in relation to adjusted EBITDA in the past 12-month period was 2.1 (2.6).

This information is such that Dustin Group AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on April 22, 2016.

About Dustin

Dustin is one of the leading Nordic resellers of IT products and additional services to companies, the public sector and private individuals. Having its core business within e-commerce, Dustin functions as a bridge between the manufacturer’s large selection and the customer’s needs where Dustin’s employees help customers find the right solution for their needs.

Dustin is a one-stop-shop that offers approximately 200,000 products with associated services, functions and solutions. The operation is conducted in Sweden, Denmark, Norway and Finland.

Dustin has more than 900 employees. Sales during the 2014/15 financial year amounted to approximately SEK 7.9 billion. More than 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium companies. Dustin is listed on Nasdaq Stockholm since 2015 and has its head office in Nacka in Stockholm.

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Contacts

Dustin Group
Niklas Alm, Head of Investor relations
ir@dustingroup.com
+46 708 24 40 88

Contacts

Dustin Group
Niklas Alm, Head of Investor relations
ir@dustingroup.com
+46 708 24 40 88