Ecoclime: Weaker Q4 sales but positive on outlook - ABG
Sales -9% and company adj. EBITDA SEK -8.5m vs. ABGSCe Interest rate environment and mix effects weigh on sales Situation has improved during the beginning of Q1
ANNONS
Q4 results
Net sales were SEK 86.9m (-9% vs. ABGSCe 95.3m), up 6% y-o-y. Company adj. EBITDA was 4.5m (ABGSCe 13.0m), and net profit was SEK 7.1m (ABGSCe 3.3m). The financial net was affected positively by a SEK 8m earn-out revaluation connected to the subsidiary "Miljöbelysning". Operating cash flow was SEK -0.8m. The miss on numbers was driven by the Smart properties and Circular Energy segments.
