• Net sales increased by 30 percent and amounted to SEK 4,653 million (3,586). 
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 37 percent and amounted to SEK 630 million (459) corresponding to an EBITA margin of 13.5 percent (12.8). 
• Operating profit increased by 40 percent and amounted to SEK 536 million (382) corresponding to an operating margin of 11.5 percent (10.7).
• Profit after tax increased by 39 percent and amounted to SEK 387 million (279) and earnings per share before/after dilution amounted to SEK 1.40 (0.95). 

• Net sales increased by 33 percent and amounted to SEK 13,447 million (10,122). 
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 39 percent and amounted to SEK 1,782 million (1,286) corresponding to an EBITA margin of 13.3 percent (12.7). 
• Operating profit increased by 41 percent and amounted to SEK 1,507 million (1,065) corresponding to an operating margin of 11.2 percent (10.5).
• Profit after tax increased by 38 percent and amounted to SEK 1,093 million (792) and earnings per share before/after dilution amounted to SEK 3.90 (2.80). For the latest twelve month period earnings per share before dilution amounted to SEK 5.10 (3.45) and after dilution to SEK 5.05 (3.45).
• Return on working capital (P/WC) amounted to 65 percent (66).
• Return on equity amounted to 31 percent (28) and the equity ratio amounted to 35 percent (35).
• Cash flow from operating activities amounted to SEK 1,100 million (805). For the latest twelve month period, cash flow per share from operating activities amounted to SEK 5.25 (4.65).
• Since the start of the financial year ten acquisitions have been completed, of which two after the end of the period, with total annual sales of about SEK 850 million. 

CEO'S COMMENTS
Our strong position in strategically selected segments continued to generate strong growth in the quarter. With a high level of customer activity and a favourable order situation in all business areas, sales increased by 30 percent against tough comparisons, of which 14 percent organic. Despite continued high inflationary pressure, we defended our margins in the quarter. EBITA increased by 37 percent with an EBITA margin of 13.5 percent. The strong demand continued in the quarter and we currently see very few signs of a slowdown in customer activities.

For the full CEO comment, please see the Interim Report.

Stockholm, 2 February 2023

This information is information that Addtech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 8.15 a.m CET on 2 February 2023.

A phone conference and webcast will be arranged in relation to the report, at 10.00 a.m.

For participation in the conference:
Phone:
Sweden: +46 8 505 10030
UK/International: +44 1 212 818004
United States: +1 718 7058796
Webcast: https://edge.media-server.com/mmc/p/cq5xbpo2

For further information, please contact:
Niklas Stenberg, President and CEO, +46 8 470 49 00 
Malin Enarson, CFO, +46 705 979 473

Addtech in brief
Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 3,500 employees in more than 140 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 14 billion. Addtech is listed on Nasdaq Stockholm.