Söder Sportfiske, which sells sport fishing products mainly through e-commerce, reports increasing sales in the third quarter compared to the same period last year. Operating profit increased.

Sales increased 2.2 percent to SEK 60.3 million (59). Organic sales growth was 2.2 percent (-12.6).

The gross margin amounted to 42.4 percent (40.3).

Ebitda was SEK 6.6 million (3.7), with an ebitda margin of 10.9 percent (6.3).

Operating profit was SEK 5.1 million (2.3), with an operating margin of 8.5 percent (3.9).

Profit after tax was SEK 3.9 million (1.5), an increase of 160.0 percent compared to the previous year.

Earnings per share amounted to SEK 0.47 (0.18), an increase of 161.1 percent compared to the previous year.

Cash flow from operating activities amounted to SEK -0.4 million (-2.9).

Söder Sportfiske, SEKmQ3-2023 Q3-2022 ChangeNet sales 60.3 59 2.2%Organic sales growth, percent 2.2 -12.6 EBITDA 6.6 3.7 78.4%EBITDA margin 10.9% 6.3%Operating profit 5.1 2.3 121.7%Operating margin 8.5% 3.9%Net profit 3.9 1.5 160.0%Earnings per share, SEK 0.47 0.18 161.1%Cash flow from operating activities-0.4 -2.9