Interim report, January – march 2017
The first quarter January – march 2017
Net sales increased by 133%, to 622,2 MILLION (267,2). Organic growth was 20 per cent.
Operating profit before depreciation and write – downs (EBITDA) amounted to SEK 70.8 million (25,3).
Operating income before depreciation and amortization, excluding items affecting comparability1 (adjusted EBITDA) amounted to 80,9 MILLION (25,3).
Operating profit (EBIT) amounted to 41,1 MILLION (23,6).
Profit for the quarter amounted to 33.4 MILLION (18,4).
Earnings per share before and after dilution amounted to 0,67 $ (0,49).
Important events during the quarter
Within the framework of the incentive plan adopted on 5 december 2016 1 205 700 warrants were subscribed by senior executives and key employees within the CLX.
The acquisition of Xura Secure Communications GmbH was completed on February 16 and is included in the consolidated accounts from this date.
Important events after the end of the
On 10 may, the group acquired 100% of the share capital in the Dialogue Group Ltd. The purchase price was 32.0 MILLION (368,7 MILLION) on a cash and debt free basis. The Dialogue had a turnover march 2016-February 2017 approximately eur 36.7 MILLION (417,9 MILLION) and gross profit amounted to sek 11.5 MILLION (130,9 MILLION). Profit before depreciation, amortisation and impairment (EBITDA) amounted to approximately 5.2 MILLION (59,2 MILLION) with an EBITDA margin of 14.2 per cent. The acquisition will be financed with increased credit facilities on the 32,7 MILLION (376,8 MILLION).
1) Specification of items affecting comparability, see table on page 3.
Invitation to rapportpresentation via phone or web
The report will be presented at a conference, there is a 9.00 am on 19 may.
To participate in the presentation via telephone, please call one of the following numbers and enter the code 7942048:
SEE: +46-8 503 365 39
UK: +44-20 3427 1911
US: +1-646 254 3363
To follow the presentation via Webcast, register here: https://edge.media-server.com/m6/p/a6vn36du
This information is such information as CLX is required to publish under the EU marknadsmissbruksförordning. The information was submitted, through the above contacts in the government, for publication on 19 may 2017 there is 07:30
2017 Q1 Interim report SWE – no mark up