From GlobeNewswire: 2024-05-15 02:00:00

Stockwik Förvaltning AB (publ) saw a 4.1% increase in net sales in Q1 2024, totaling SEK 200.8 million. EBITA decreased to SEK 12.0 million from SEK 14.2 million due to higher personnel costs, including CEO successions across companies. Operational cash flow improved to SEK 13.1 million from SEK 8.3 million in the same period last year.

In the rolling 12-month period ending March 31st, 2024, Stockwik reported a 2.5% growth in net sales to SEK 826.9 million. EBITA fell by 15.3% to SEK 47.6 million. Operational cash flow increased to SEK 40.6 million from SEK 17.4 million in the previous year. The company’s net debt also rose to SEK 386.6 million.

Stockwik Förvaltning AB (publ) complies with the Market Securities Act, disclosing this information at 08:00 (CEST) on May 15th, 2024. Urban Lindskog is the President and CEO of Stockwik Förvaltning AB (publ). Stockwik specializes in providing a stable platform for small businesses to grow organically or through acquisitions, offering valuable products and services to corporate clients. They are listed on Nasdaq Stockholm Small Cap as STWK.



Read more at GlobeNewswire:: Stockwik publishes quarterly report January 1st