Polygiene Group AB (publ.) Interim Report January 1 – March 31, 2025
Publication date: April 24, 2025
Strong growth, profitability and innovation characterised the quarter
Net sales for the quarter amounted to MSEK 41.5 (35.1), an increase of 18% compared to the previous year. The gross margin for the period was 67.4 (68.7) %. Operating profit before depreciation and tax (EBITDA) was MSEK 3.1 (4.8). Cash flow was negative at MSEK -4.1 (2.5), and cash and cash equivalents amounted to MSEK 61.9 (48.9).
The quarter in brief
- Net sales amounted to MSEK 41.5 (35.1), an improvement of 18 %. The quarter had a positive currency effect of approximately 2 % compared to the previous year.
- The gross margin amounted to 67.4 % (68.7).
- Operating profit before depreciation (EBITDA) amounted to MSEK 3.1 (4.8), including approximately MSEK –1.4 in negative currency effects.
- Operating profit after depreciation and before tax (EBIT) amounted to MSEK 1.6 (3.3).
- Cash flow amounted to MSEK –4.1 (2.5), or MSEK –6.8 (4.7) including currency effects. Cash and cash equivalents amounted to MSEK 61.9 (48.9). The quarter was impacted by approximately MSEK 3 in bonus payments and customer payments with shorter credit terms at the end of Q4.
Significant events during the quarter in brief
- The Board of Directors of Polygiene Group proposes a one-off special dividend.
- The current Board is nominated for re-election for 2025/2026.
- The company is launching StayCool by Polygiene at Performance Days
- Introducing new products within the Healthcare segment.
The report is enclosed in this press release and is available to download on polygienegroup.com/news
You can register for the video conference presenting the quarterly report today at 10:00 CET via this link.