Integrum publishes preliminary revenue, result and and cash flow figures for Q2, 2023

Rhea-AI Summary

Integrum (NASDAQ First North Growth Market: INTEG B) expects Q2 revenue, operating profit, and cash flow to exceed market expectations. Revenue expected at 27.5 MSEK, a 36.2% increase from last year. Operating profit expected at 6.4 MSEK, with an increase attributed to activity and improved cost structure. Cash flow expected at 3.4 MSEK. Complete results to be presented in the quarterly report for August - October 2023 on December 4, 2023.

Positive

• Integrum expects Q2 financials to exceed market expectations, with a significant increase in revenue and operating profit compared to last year.

Negative

• None.

MÖLNDAL, Sweden, Nov. 9, 2023 /PRNewswire/ -- Integrum (publ) (NASDAQ First North Growth Market: INTEG B) today announces that it expects its revenue, operating profit and cash flow for Q2 will be higher than the market expectations.

The revenue for Q2 is expected to be at 27,5 MSEK (20,2), which corresponds to an increase of 36,2% in comparison to last year. The operating profit for Q2 is expected to be at 6,4 MSEK (0,9). Excluding direct currency effects, the operating profit is expected to be at 4,1 MSEK (-5,2). The increase in operating profit can be attributed to both the increase in activity but also an improved cost structure for operating costs.

The cash flow for the quarter is expected to be 3,4 MSEK (-3,8).

All amounts in this press release are preliminary and have not undergone any review by the company auditors.

The complete result for Integrum will be presented in the quarterly report for August - October 2023 which is published on December 4, 2023. This means that the company is still in its quiet period.

For more information please contact:

Rickard Brånemark, CEO
Phone: +46 (0) 70 846 10 61
E-mail: rickard.branemark@integrum.se

Jörgen Svanström, CFO
Phone: + 46 (0) 70 734 96 60
E-mail: Jorgen.svanstrom@integrum.se

Certified Adviser
Erik Penser Bank is Certified Adviser.

The following files are available for download:

https://mb.cision.com/Public/17531/3872418/99fc00b6d71c273c.pdf

2023-11-09 Integrum publishes Q2 results

 

 

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SOURCE Integrum AB

FAQ

What are Integrum's Q2 revenue, operating profit, and cash flow expectations?

Integrum expects Q2 revenue to be 27.5 MSEK, operating profit to be 6.4 MSEK, and cash flow to be 3.4 MSEK.

When will Integrum present the complete Q2 results?

The complete results will be presented in the quarterly report for August - October 2023 on December 4, 2023.