Third quarter
· Net sales amounted to
· Organic sales growth was -3.5 per
· The gross margin amounted to 15.0 per
· Adjusted EBITA amounted to
· EBIT totalled
· Profit for the quarter was
· Earnings per share before dilution totalled
· Cash flow from operating activities amounted to
September 2023-May 2024
· Net sales declined 10.8 per cent to
· Organic sales growth was -12.7 per
· The gross margin amounted to 15.5 per
· Adjusted EBITA amounted to
· EBIT totalled
· Profit for the period amounted to
· Earnings per share before dilution totalled
· Cash flow from operating activities amounted to
· At the end of the period, net debt in relation to adjusted EBITDA over the past 12-month period was 3.0 (4.5).
"The sales trend remained negative in the third quarter. However, it is gratifying to see increased sales compared with the second quarter, which is typically a stronger quarter. While the trend remains cautious among smaller and medium-sized businesses, we are standing firm by our assessment of a gradual improvement in the market during 2024. Profitability declined in the quarter as a direct result of weak volume performance and thereby a relatively high cost base in the SMB segment as well as several new framework agreements with initially lower margins within the LCP segment. The quarter's cash flow was strong, primarily driven by a positive trend in net working capital", says
For additional information, please contact:
Fredrik Sätterström, Head of Investor Relations
fredrik.satterstrom@dustin.com, +46 705 10 10 22
Contact person:
Eva Ernfors, Head of Communication
eva.ernfors@dustin.com, +46 70 258 62 94
This information is information that
About Dustin
Dustin is a leading online based IT partner in the Nordics and Benelux. We help our customers to stay in the forefront by providing them with the right IT solution for their needs.
We offer approximately 280,000 products with related services to companies, the public sector and private individuals. Sales for the financial year 2022/23 amounted to approximately
Dustin has approximately 2,200 employees and has been listed on Nasdaq Stockholm since 2015, with its headquarters in Nacka Strand just outside the centre of
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