Dustin increases the pace for the planned development within services and solutions by consolidating offices and reducing the number of employees within the existing strategy. This will lead to an estimated non-recurring cost of SEK 25 million which will generate an estimated yearly saving of SEK 40 million.
Second quarter
Net sales rose 10.2 per cent to SEK 3,543 million (3,215).
Organic growth was 4.0 per cent (7.8), of which SMB accounted for 2.8 per cent (0.1), LCP for 4.1 per cent (16.1) and B2C for 12.5 per cent (neg: 13.5).
The gross margin amounted to 15.7 per cent (16.3).
Adjusted EBITA amounted to SEK 154 million (154), corresponding to an adjusted EBITA margin of 4.3 per
First quarter
Net sales rose 12.2 per cent to SEK 3,508 million (3,127).
Organic growth was 6.1 per cent (5.9), of which SMB accounted for 0.3 per cent (7.8), LCP for 15.1 per cent (4.9) and B2C for negative 23.4 per cent (pos: 2.0). Growth has been affected by a continued cautious corporate market.
The gross margin amounted to 16.0 per cent (17.4).
Adjusted EBITA declined to SEK 156 million
Dustin Group will hold a conference call for investors, analysts and media on January 8th 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 provide a detailed review of the company's strategy and market position, as well as to present an update on what the company has achieved so far in the five-year plan presented on the Capital Markets Day two years ago.
Dustin's full Annual and Corporate Responsibility Report for 2018/19 is now available in both English and Swedish at the company website, www.dustingroup.com.
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).
E
The shareholders of Dustin Group AB (publ), reg. no. 556703-3062 (the "Company" or "Dustin"), are hereby invited to attend the annual general meeting, to be held on Wednesday 11 December 2019 at 3.00 p.m. (CET) at Westmanska Palatset, Holländargatan 17, in Stockholm, Sweden.
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
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 b
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 (