Dustin launch online offering in the Netherlands

News   •   Oct 30, 2019 07:00 UTC

Dustin today launch its e-commerce in the Netherlands. This means that Dustin as of today offer products, services and solutions in the Netherlands.

Q4: Continued strengthened market position during the quarter

Press releases   •   Oct 09, 2019 08:00 UTC

Fourth quarter

  • Net sales rose 19.9 per cent to SEK 3,026 million (2,524).
  • Organic growth was 11.2 per cent (neg: 4.7) of which SMB accounted for 2.3 per cent (8.0), LCP for 20.8 per cent (neg: 13.4) and B2C for 0.7 per cent (1.1).
  • The gross margin was 16.2 per cent (16.5).
  • Adjusted EBITA increased to SEK 120 million (119), corresponding to an adjusted EBITA margin of 4.0 per cent (4.7).
  • EBIT totalled SEK 102 million (107), including items affecting comparability of SEK 3 million (4).
  • Profit for the quarter was SEK 73 million (71).
  • Earnings per share before dilution totalled SEK 0.83 (0.90).
  • Cash flow from operating activities amounted to SEK 71 million (59).

September 2018 – August 2019

  • Net sales rose 21.7 per cent to SEK 12,536 million (10,300).
  • Organic growth was 9.9 per cent (2.0), of which SMB accounted for 4.0 per cent (9.6), LCP for 16.5 per cent (neg: 3.8) and B2C for a negative 3.9 per cent (pos: 7.9).
  • The gross margin rose to 16.7 per cent (15.9).
  • Adjusted EBITA totalled SEK 560 million (501), corresponding to an adjusted EBITA margin of 4.5 per cent (4.9).
  • EBIT totalled SEK 489 million (444), including items affecting comparability of 3.5 million (1).
  • Profit for the period amounted to SEK 356 million (305).
  • Earnings per share before dilution totalled SEK 4.12 (3.91).
  • Cash flow from operating activities amounted to SEK 264 million (748).
  • At the end of the period, net debt in relation to adjusted EBITDA over the past 12-month period was 2.9 (3.3 at the end of 2017/18).
  • The Board of Directors proposes a total dividend of SEK 266 million (239), corresponding to SEK 3.00 (2.71) per share outstanding.

For further information, please contact:

Fredrik Sätterström, Head of Investor Relations

fredrik.satterstrom@dustin.se, +46 705 10 10 22

Contact person:

Eva Ernfors, Head of Information

eva.ernfors@dustin.se, +46 70 258 62 94

This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on October 9, 2019.

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2018/19 financial year amounted to SEK 12.5 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2018/19 financial year amounted to SEK 12.5 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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Dustin invites to Capital Markets Day

Press releases   •   Oct 04, 2019 10:30 UTC

Dustin has the pleasure of inviting investors, analysts and media representatives to a Capital Markets Day, Thursday, November 28, 2019 at the Group's Logistics Center in Rosersberg, Stockholm

The purpose of the Capital Markets Day is to give a detailed presentation of Dustin's operations, strategy and financial performance. The day includes themes such as our transformation towards an increased proportion of managed and cloud-based services, our operations in the Netherlands, our strong position online and our progress within the Corporate Responsibility area. In addition, the acquisition strategy and some of the recent acquisitions will be highlighted. The day will end with an optional walking tour at the Logistics Center.

Dustin will be represented by President and CEO Thomas Ekman, CFO Johan Karlsson together with other senior executives. The presentations will be held in English and the presentation material will be available on the company's website www.dustingroup.com after the event.

The Capital Markets Day will take place on November 28 at 11.00-15.00 CET at Dustin's Logistics Center, Metallvägen 36, in Rosersberg, north of Stockholm. Lunch will be served.

Registration is mandatory and is sent to ir@dustingroup.com by email, no later than November 15th.

For further information, please contact:

Fredrik Sätterström, Head of Investor Relations fredrik.satterstrom@dustin.se, +46 705 10 10 22

Contact person:

Eva Ernfors, Head of Information eva.ernfors@dustin.se, +46 70 258 62 94

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has around 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

When you contact us we will process your personal data in accordance with our privacy policy (https://www.dustin.se/service/integritetspolicy/).

ad office in Nacka, Stockholm.

​Dustin has the pleasure of inviting investors, analysts and media representatives to a Capital Markets Day, Thursday, November 28, 2019 at the Group's Logistics Center in Rosersberg, Stockholm

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Invitation to presentation of Dustin's year-end report on October 9

Press releases   •   Oct 01, 2019 13:46 UTC

Dustin Group will hold a conference call for investors, analysts and media on October 9 at CET 09:00 am with reference to the release of the year-end report for the financial year 2018/19.

CEO Thomas Ekman and CFO Johan Karlsson will present the financial result for the financial year 2018/19 and answer questions. The conference call will be held in English. Related presentation material will be available at the corporate website www.dustingroup.com under Financial information http://www.dustingroup.com/en/reports-and-presentations before the start of the conference call.

Dustin Group will publish the year-end report the same morning at CET 8:00 am.

Dial in number:

+46 (0)8 506 921 80

+44 (0) 2071 928 000

Conference code:

3547038

For additional information, please contact:

Fredrik Sätterström, Head of Investor Relations: fredrik.satterstrom@dustin.se, +46 705 10 10 22

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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Q3: Strong growth and continued investments

Press releases   •   Jul 03, 2019 08:00 UTC

Third quarter

  • Net sales rose 28.7 per cent to SEK 3,169 million (2,462).
  • Organic growth was 15.3 per cent (1.6), of which SMB accounted for 6.6 per cent (9.4), LCP for 25.0 per cent (neg: 5.0) and B2C for negative 5.0 per cent (10.9).
  • The gross margin rose to 16.8 per cent (16.1).
  • Adjusted EBITA increased to SEK 124 million (108), corresponding to an adjusted EBITA margin of 3.9 per cent (4.4).
  • EBIT totalled SEK 78 million (98), including items affecting comparability of a negative SEK 26.2 million (neg: 0.6).
  • Profit for the quarter amounted to SEK 48 million (67).
  • Earnings per share before dilution totalled SEK 0.54 (0.87).
  • Cash flow from operating activities amounted to SEK 101 million (221).

September 2018 – May 2019

  • Net sales rose 22.3 per cent to SEK 9,510 million (7,776).
  • Organic growth was 9.5 per cent (4.1), of which SMB accounted for 4.6 per cent (9.9), LCP for 15.3 per cent (neg: 0.6) and B2C for negative 5.2 per cent (10.0).
  • The gross margin rose to 16.8 per cent (15.7).
  • Adjusted EBITA increased to SEK 440 million (382), corresponding to an adjusted EBITA margin of 4.6 per cent (4.9).
  • EBIT totalled SEK 388 million (337), including items affecting comparability of SEK 0.2 million (-3).
  • Profit for the period amounted to SEK 283 million (235).
  • Earnings per share before dilution totalled SEK 3.30 (3.07).
  • Cash flow from operating activities amounted to SEK 193 million (689).
  • At the end of the period, net debt in relation to adjusted EBITDA in the past 12-month period was 2.9 (3.3 at the end of 2017/18).

For further information, please contact:

Fredrik Sätterström, Head of Investor Relations

fredrik.satterstrom@dustin.se, +46 705 10 10 22

Contact person:

Eva Ernfors, Head of Information

eva.ernfors@dustin.se, +46 70 258 62 94

This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on July 3, 2019.

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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Invitation to presentation of Dustin's Interim report on July 3

Press releases   •   Jun 25, 2019 13:33 UTC

Dustin Group will hold a conference call for investors, analysts and media on July 3 at CET 09:00 am with reference to the release of the Interim report for the third quarter.

CEO Thomas Ekman and CFO Johan Karlsson will present the financial result for the third quarter 2018/19 and answer questions. The conference call will be held in English. Related presentation material will be available at the corporate website www.dustingroup.com under Financial information http://www.dustingroup.com/en/reports-and-presentations before the start of the conference call.

Dustin Group will publish the interim report for the third quarter the same morning at CET 8:00 am.

Dial in number:

+ 46 (0)8 506 921 80

+44 (0) 2071 928 000

Conference code:

3383499

For additional information, please contact:

Fredrik Sätterström, Head of Investor Relations: fredrik.satterstrom@dustin.se, +46 705 10 10 22

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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Nomination Committee in Dustin Group AB (publ)

Press releases   •   Jun 10, 2019 13:00 UTC

The members of the Nomination Committee for Dustin Annual General Meeting 2018/2019 have now been appointed.

In accordance with the decision at Dustin’s annual general meeting in December 2018 the following members of the Nomination Committee have been appointed based on the ownership structure as of March 31, 2019.

  • Caroline Berg, Axel Johnson AB/Axmedia AB, Chariman of the committee
  • Lennart Francke, Swedbank Robur Funds
  • Tomas Risbecker, AMF Insurance & Funds
  • Mia Brunell Livfors, Chairman of the Dustin Board (adjunct)

Shareholders who wish to submit proposals to the Nomination Committee can send them by post to: Dustin Group AB (publ), Attn: Sara Edlund, Box 1194, 131 27 Nacka Strand, Sweden or by e-mail to: sara.edlund@dustin.se.

For further information, please contact:

Eva Ernfors, Head of Information: eva.ernfors@dustin.se, +46 702 58 62 94

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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New number of shares and votes in Dustin Group AB (publ)

Press releases   •   May 31, 2019 09:00 UTC

The long-term incentive program for senior executives introduced at the annual general meeting on 19 January 2016, entitles the holder of warrants to subscribe for new shares in the company during the first half of 2019. In May, a total of 85,997 shares have been issued through the exercise of warrants received from the incentive program. Prior to the issue of the new shares, there were 88,561,342 shares and votes in the company. As of 31 May 2019, there are a total of 88,647,339 shares and votes in the company.

For further information, please contact:

Eva Ernfors, Head of Information: eva.ernfors@dustin.se, +46 702 58 62 94

This is information that Dustin Group AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 09:00 CEST on 31 May 2019.

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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New number of shares and votes in Dustin Group AB (publ)

Press releases   •   Apr 30, 2019 10:00 UTC

The long-term incentive program for senior executives introduced at the annual general meeting on 19 January 2016, entitles the holder of warrants to subscribe for new shares in the company during the first half of 2019. In April, a total of 151,242 shares have been issued through the exercise of warrants received from the incentive program. Prior to the issue of the new shares, there were 88,410,100 shares and votes in the company. As of 30 April 2019, there are a total of 88,561,342 shares and votes in the company.

For further information, please contact:

Eva Ernfors, Head of Information: eva.ernfors@dustin.se, +46 702 58 62 94

This is information that Dustin Group AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 10:00 CEST on 30 April 2019.

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.

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Q2: Sharp growth in LCP and SMB affected by temporary effects

Press releases   •   Apr 10, 2019 08:00 UTC

Second quarter

  • Net sales rose 18.1 per cent to SEK 3,215 million (2,723).
  • Organic growth was 7.8 per cent (1.7), of which SMB accounted for 0.1 per cent (10.9), LCP for 16.1 per cent (neg: 5.0) and B2C for a negative 13.5 per cent (pos: 10.8).
  • The gross margin rose to 16.3 per cent (15.4).
  • Adjusted EBITA increased to SEK 154 million (143), corresponding to an adjusted EBITA margin of 4.8 per cent (5.3).
  • EBIT totalled SEK 160 million (131) including items affecting comparability of SEK 23.2 million (0.3).
  • Profit for the quarter amounted to SEK 124 million (92).
  • Earnings per share before dilution totalled SEK 1.41 (1.19).
  • Cash flow from operating activities amounted to SEK 144 million (15).

September 2018 – February 2019

  • Net sales rose 19.3 per cent to SEK 6,341 million (5 315).
  • Organic growth was 6.9 per cent (5.1), of which SMB accounted for 3.9 per cent (10.2), LCP for 10.7 per cent (1.1) and B2C for a negative 5.4 per cent (pos: 9.6).
  • The gross margin rose to 16.9 per cent (15.5).
  • Adjusted EBITA increased to SEK 316 million (274), corresponding to an adjusted EBITA margin of 5.0 per cent (5.2).
  • EBIT totalled SEK 309 million (239) including items affecting comparability of SEK 26 million (neg:3).
  • Profit for the period amounted to SEK 235 million (168).
  • Earnings per share before dilution totalled SEK 2.78 (2.16).
  • Cash flow from operating activities amounted to SEK 92 million (468).
  • Net debt in relation to adjusted EBITDA in the past 12-month period was 2.1 (3.3 at the end of 2017/18).

“We report strong sales growth, both organic and totally, driven by a strong recovery in the LCP segment. Within the SMB segment, both growth and profitability were negatively impacted by temporary low customer activity around the Christmas and New Year period, as well as limited supply to computers with Intel processors during the first half of the quarter. After the end of the quarter, we have signed agreements to acquire Inventio.IT, Norisk and Chilit. The acquisitions further strengthen our offering in Denmark, the Netherlands and Finland”, says Thomas Ekman, President and CEO of Dustin.

For further information, please contact:

Fredrik Sätterström, Head of Investor Relations

fredrik.satterstrom@dustin.se, +46 705 10 10 22

Contact person:

Eva Ernfors, Head of Information

eva.ernfors@dustin.se, +46 70 258 62 94

This information is information that Dustin Group AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on April 10, 2019.

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The Company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The Company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2017/18 financial year amounted to SEK 10.3 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 

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About Dustin

About Dustin

Dustin is a leading online based IT-partner with operations in the Nordics and the Netherlands. The company offers IT products with associated services and solutions to companies, the public sector and private individuals with a main focus on small and medium-sized companies. Dustin functions as a bridge between the manufacturers’ wide-ranging offerings and customer requirements. The company offers some 255,000 products with associated services where Dustin’s employees support customers in finding the appropriate solution.

Dustin has more than 1.500 employees. Sales for the 2018/19 financial year amounted to SEK 12.5 billion. More than 90 per cent of Dustin’s income derives from the corporate market. Dustin Group has been listed on Nasdaq Stockholm since 2015 and has its head office in Nacka, Stockholm.