RevolutionRace continues to deliver solid growth and profitability
Financial development & significant events during the second quarter (1 Oct – 31 Dec)
- Net sales for the period increased by 21 percent and amounted to SEK 613 (509) million.
- Gross profit amounted to SEK 431 (359) million, corresponding to a gross margin of 70.2 (70.7) percent.
- EBIT amounted to SEK 143 (105) million, corresponding to an improvement of 36 percent.
- Adjusted EBIT amounted to SEK 146 (117) million, corresponding to an improvement of 25 percent.
- EBIT margin amounted to 23.3 (20.7) percent and adjusted EBIT margin amounted to 23.8 (23.0) percent.
- Earnings per share before dilution amounted to SEK 1.01 (0.73) and after dilution to SEK 1.00 (0.73).
- At the annual general meeting in November, Alexander Martensen-Larsen was elected as the new chairperson of the board, and Birgitta Stymne Göransson and David Thörewik were elected as new board members.
The report will be presented to investors, analysts, and media in a webcast today at 10:00 CET.
If you wish to participate via webcast, please use the link below.
https://ir.financialhearings.com/revolutionrace-q2-report-2024/register
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://conference.financialhearings.com/teleconference/?id=5002049
For more information, please contact:
Jesper Alm, CFO
E-mail: jesper.alm@revolutionrace.se
Tuva Lagerbäck, PR & Communication Manager
Phone: +46 (0)707885383
E-mail: tuva.lagerback@revolutionrace.se
