ITAB Shop Concept: Interim Report January - June 2021

JÖNKÖPING, Sweden, July 12, 2021 /PRNewswire/ --

APRIL - JUNE 2021

• Net sales increased by 30.3 % to SEK 1,488 million (1,142)
• Operating profit amounted to SEK 38 million (34)
• Profit after financial items amounted to SEK 16 million (7)
• Profit after tax amounted to SEK 9 million (4)
• Earnings per share amounted to SEK 0.03 (0.04)
• Cash flow from operating activities amounted to SEK -158 million (257)

In 2021, non-recurring items impacted the profit after financial items by SEK -43 million (-30).

• EBITDA excluding non-recurring items amounted to SEK 144 million (128)
• Net debt amounted to SEK 1,034 million (2,149)
• Net debt excl. lease liability decreased to SEK 415 million (1,453)

JANUARY - JUNE 2021

• Net sales increased by 17.7 % to SEK 3,011 million (2,558)
• Operating profit amounted to SEK 140 million (75)
• Profit after financial items amounted to SEK 85 million (34)
• Profit after tax amounted to SEK 59 million (22)
• Earnings per share amounted to SEK 0.34 (0.23)
• Cash flow from operating activities amounted to SEK -56 million (383)
• In 2021, non-recurring items impacted the profit after financial items by SEK -57 million (-42).
• EBITDA excluding non-recurring items amounted to SEK 323 million (249)

IMPORTANT EVENTS JANUARY - JUNE 2021

• ITAB's recapitalisation completed
• oThe rights issue has contributed SEK 768 million before equity issue costs
• oThe offset issue has contributed SEK 100 million to equity
• oAll A shares have been reclassified to B shares
• Acquisition of 81% of Cefla's business unit for retail solutions completed.

For further information, please contact:

ITAB Shop Concept AB 
Ulrika Bergmo Sköld, CFO
Telephone:  [phone]
Mobile:   [phone]
Box 9054, SE-550 09 JÖNKÖPING 
Telephone: [phone]
itab.com, itabgroup.com 

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https://news.cision.com/itab-shop-concept/r/interim-report-january---june-2021,c3383661

The following files are available for download:

https://mb.cision.com/Main/862/3383661/1444004.pdf

ITAB_Q2_2021_EN

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