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Press release -

Q1: Strong growth and improved margins

First quarter

  • Net sales rose 20.6 per cent to SEK 3,127 million (2,592).
  • Organic growth was positive 5.9 per cent (8.8), of which SMB 7.8 per cent (9.5), LCP 4.9 per cent (8.3) and B2C 2.0 per cent (8.5).
  • The gross margin rose to 17.4 per cent (15.6).
  • Adjusted EBITA increased to SEK 162 million (131), corresponding to an adjusted EBITA margin of 5.2 per cent (5.1).
  • EBIT totalled SEK 149 million (108) including items affecting comparability of SEK 3 million (neg: 3).
  • Profit for the quarter amounted to SEK 111 million (76).
  • Earnings per share before dilution totalled SEK 1.38 (0.98).
  • Cash flow from operating activities amounted to SEK negative 51 million (453).
  • At the end of the period, net debt in relation to adjusted EBITDA in the past 12-month period was 2.0 (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 January 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 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.


Dustin is a leading online based IT partner in the Nordics and the 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 2021/22 amounted to approximately SEK 23.6 billion and more than 90 per cent of the revenues came from the corporate market.

Dustin has approximately 2,500 employees and has been listed on Nasdaq Stockholm since 2015 with headquarters in Nacka Strand just outside central Stockholm.

Press contacts

Fredrik Sätterström

Press contact Head of Investor Relations +46 70 510 10 22

Karin Tränk

Press contact Press & PR Manager +46 73 850 54 85

Eva Ernfors

Press contact Head of Communication +46 70 258 62 62 94

Dustin is a leading online based IT partner in the Nordics and the Benelux.

About Dustin

Dustin is a leading online based IT partner in the Nordics and the 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 2021/22 amounted to approximately SEK 23.6 billion and more than 90 per cent of the revenues came from the corporate market.

Dustin has approximately 2,500 employees and has been listed on Nasdaq Stockholm since 2015 with headquarters in Nacka Strand just outside central Stockholm.

Dustin
AUGUSTENDALSVÄGEN 7
131 52 Nacka Strand
Sweden
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