Year-end report 1 January – 31 December 2021

Continued strong growth in net sales and operating profit, acquisition in Belgium

FOURTH QUARTER 2021

  • Net sales increased by 86 percent to MSEK 206 (111). In unchanged currency levels, net sales increased by 86 percent.
  • Operating profit after depreciation/amortization increased by 62 percent to MSEK 15 (9.4) including negative currency effects of MSEK -0.6 (0.9). Operating profit was negatively impacted by direct acquisition costs of MSEK -0.8.
  • Cash flow from operating activities amounted to MSEK -8 (21).
  • Earnings per share increased to SEK 0.60 (0.38).
  • Solidity remains unchanged at 49 percent.

YEAR AS A WHOLE, JANUARY – DECEMBER 2021

  • Net sales increased by 57 percent to MSEK 736 (468). In unchanged currency levels, net sales increased by 59 percent.
  • Operating profit after depreciation/amortization increased by 53 percent to MSEK 66 (43) including negative currency effects of MSEK -2.4 (-0.9). Operating profit was negatively impacted by direct acquisition costs of MSEK -2.3.
  • Cash flow from operating activities amounted to MSEK 18 (31).
  • Earnings per share increased to SEK 2.62 (1.72).
  • During the period, solidity decreased to 49 percent from 52 percent.
Quarter 4 Full year
2021 2020 2021 2020
Operating income, MSEK 206,4 110,8 736,5 467,6
Gross margin, % 27,3 31,2 28,1 28,7
Operating profit after depreciation/amortization (EBIT), MSEK 15,2 9,4 65,8 43,1
Operating margin after depreciation/amortization (EBIT), % 7,4 8,5 8,9 9,2
Profit or loss for the period, MSEK 11,0 6,3 47,1 29,0
Earnings per share, SEK 0,60 0,38 2,62 1,72

SIGNIFICANT EVENTS DURING THE QUARTER

  • Alcadon acquires 80 percent of Belgian 6X International BV with an option for the remaining 20 percent.

SIGNIFICANT EVENTS AFTER THE PERIOD

  • Alcadon has carried out a directed issue of approximately 1.28 million shares, raising about MSEK 128 in proceeds before issuance costs. Alcadon intends to use the proceeds from the issue to strengthen the financial preparedness and enable continued expansion through additional acquisitions in accordance with
    the Company’s strategy.
  • The Company is now established in the Netherlands through the newly founded Alcadon B.V.
  • The Board of Directors proposes a dividend of SEK 0.50 per share.

Stockholm, 22 February 2022

This disclosure contains information that Alcadon Group AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 22-02-2022 08:00 CET.

For more information, please contact:

Alcadon Group AB

Sonny Mirborn, CEO

Mobil: +46 70 639 50 92

E-mail: smi@alca.se

www.alcadongroup.se

Certified Adviser: Svensk Kapitalmarknadsgranskning AB

Phone number: +46 11 323 07 32

E-mail: ca@skmg.se

About Alcadon Group AB

Alcadon conducts operations in Sweden, Norway, Denmark, Germany, Belgium and the Netherlands. Since its inception in 1988, Alcadon has established itself as a leading supplier of data and telecommunications products and systems. Alcadon AB currently has offices in Stockholm, Malmö, Gothenburg and Örebro. The subsidiary Alcadon AS has offices in Oslo, Sandefjord, Hamar, Bergen and Mosjoen in Norway. In addition, Alcadon is represented by its Danish subsidiary Alcadon ApS, by Alcadon GmbH in Germany, by 6X International BV in Belgium and Alcadon B.V. i the Netherlands. The company also has sales representatives in Finland.

Alcadon Group AB (publ), 559009-2382, Segelbåtsvägen 7, 112 64 Stockholm, Sweden Tel: +46 8-657 36 00 E-mail info@alca.se 

webb: www.alcadongroup.se

 Alcadon Group establishes subsidiary in the Netherlands
 Bokslutskommuniké 1 januari – 31 december 2021