Embellence Group Interim Report Q3 2021

Tentative demand during hot summer months

Third quarter of 2021

  • Net sales amounted to MSEK 135.5 (130.8), up 3.6%
  • Adjusted EBITA amounted to MSEK 18.3 (21.4), down 14.2%
  • EBITA amounted to MSEK 18.3 (21.2), down 13.4%
  • Net profit for the period amounted to MSEK 12.2 (12.7) and earnings
    per share before dilution for the period were SEK 0.57 (0.59)
  • Operating cash flow amounted to MSEK 16.1 (18.9)

Significant events during the quarter

  • Robert Shams Smolander appointed Head of Group Change Management & Sustainability

Significant events after the end of the quarter

  • Legal and operational change of Boråstapeter AB
  • Recruitment of CEO for Borås Tapetfabrik AB

This information is information that Embellence Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on 25 October 2021 at 08:00 a.m. CEST.

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For more information, please contact:
Pär Ihrskog, IR contact
Telephone: +46 70 637 17 34
E-mail: ir@embellencegroup.com

About Embellence Group
Embellence Group, founded in 1905 in Borås, is a leading European player in the premium wallpaper segment and at the forefront globally with sales in over 90 countries. Our brands include Cole & Son, Wall & decò, Perswall, Pappelina and Boråstapeter. Embellence Group will develop its position as a leading House of Brands in home furnishings with a focus on premium brands in wallpaper, textiles, rugs and other home furnishings and to drive development in a changing wallpaper and home furnishings market. Embellence Group is listed on Nasdaq First North Premier and FNCA Sweden AB has been appointed Certified Adviser, info@fnca.se, +46 (0) 8-528 00 399.