Second quarter
Net sales rose 8.8 per cent to SEK 2,723 million (2,503). Organic growth was 1.7 per cent (8.7), of which SMB 10.9 per cent (5.6), LCP negative 5.0 per cent (pos: 13.4) and B2C 10.8 per cent (neg: 10.4).
The gross margin rose to 15.4 per cent (14.9).
Adjusted EBITA increased to SEK 143 million (124), corresponding to an adjusted EBITA margin of 5.3 per cent (5.0).
EBIT tot
Dustin Group will hold a conference call for investors, analysts and media on April 11 at CET 09:00 am with reference to the release of the Interim Report for the second quarter.
During the time Caroline Rudbeck is on parental leave Stephanie Forsblom will take on the role as acting VP Group Communication and a member of Dustin’s group management team. Stephanie Forsblom is currently Head of Corporate Responsibility at Dustin. The temporary position start on March 27.
The long-term incentive program for senior executives introduced at an extraordinary general meeting on January 30, 2015, entitles the holder of warrants to subscribe for new shares in the company during the first half of 2018. In February 2018, a total of 231,313 shares have been issued through the exercise of warrants received from the incentive program. Prior to the issue of the new shares, the
Pontus Willquist becomes a new member of Dustin’s group management team as VP SMB & B2C with responsibility for inter alia Dustin’s online platform. He will replace Göran Lindö who leaves the company in order to be CEO of a Norwegian software company.
First quarter
Net sales rose 13.5 per cent to SEK 2,592 million (2,284). Organic growth in fixed exchange rates was 8.8 per cent (4.4).
The gross margin increased to 15.6 per cent (14.9).
Adjusted EBITA increased to SEK 131 million (116).
EBIT totalled SEK 108 million (98), including items affecting comparability of a negative SEK 3 million (neg: 2).
Profit for the quarter totalled SEK 76 mi
Dustin Group will hold a conference call for investors, analysts and media on January 10 at CET 09:00 am with reference to the release of the Interim report for the first quarter.
Dustin Group AB (publ) (”Dustin” or the ”Company”) today held its Annual General Meeting (the "AGM"). The AGM resolved in accordance with all proposals by the Board and the Nomination Committee.
Dustin hosts a Capital Markets Day today at the logistics center in Rosersberg. The focus of today is to present the company's new segment reporting and provide a detailed review of the company's strategy and market position.
Jens Haviken, VP Services & Solutions, has informed of his intention to leave his position at Dustin in order to take on the position as CEO of Techstep. He will remain in his position at Dustin during his six-months notice period.
The nomination committee's proposal for election of the board and board remuneration at the annual general meeting on 13 December 2017.
Dustin’s full Annual Report and Corporate Responsibility Report for 2016/17 is now available in both English and Swedish at the company website, www.dustingroup.com.