Polygiene AB (publ.) Interim Report 1 April – 30 June, 2021

Publish date: 26 aug 2021

Another strong quarter with profitable growth paves the way forward

Q2 in brief (April – June 2021)

  • Net sales amounted to MSEK 46.9 during the second quarter and had a positive growth by
    171 % compared to the same period last year
  • The operating profit/loss EBIT amounted to MSEK 10.0 (-1.1)
  • The gross margin amounted to 61.8 (70.3) %
  • The cash flow is improved compared to the same quarter last year, MSEK 5.2 (0.0)
     

Events during the quarter (April – June 2021)

  • Nine West and Polygiene® Lounge Wear apparel sold out in successful Korean Hyundai Home Shopping campaign
  • Brazilian brand KVRA becomes the first company in the world to offer jiu-jitsu gi-kimonos treated with Polygiene Stays Fresh® technology
  • Arjowiggins, global manufacturer of famous brand names in paper products launched antimicrobial surface treatment with Biomaster technology
  • Polygiene announces the appointment of the Sport & Outdoor Industry expert Markus Hefter as Sales Director for the EMEA region
  • In-flight magazine Hemispheres is back in the cabins with Biomaster antimicrobial protection. The monthly magazine reaches 139 million business and leisure travellers annually
  • The North Face® Japan’s latest range of sneakers comes with Polygiene Stays Fresh technology. The North Face Japan is part of the Goldwin group
  • Happy Plugs, the Swedish fashion tech brand introduces its newest model of both in-ear and children earphones with Biomaster antimicrobial technology
  • Polygiene closes major deal with North American global retailer with an order value of approximately MSEK 2.5
  • Sports & Outdoor brand USWE in partnership with Polygiene for treatment of their bounce-free backpacks and hydration packs

 

Significant events after Q2

  • Introduction of Tellus webinar series promoting changed views on products – from fast consumable to durables, for increased sustainability. The first webinar was held in July for the Americas and other regions will follow

  • Global sportswear brand Mizuno’s Chinese subsidiary starts partnership targeting the rapidly growing demand for durable and high-performance activewear in the Chinese market

 

This information is information that Polygiene 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 person set out below, at 08.00 CET on August 26, 2021

 

For more information, visit ir.polygiene.com or contact:
 

Nina Forsvall, CFO
Mobile: +46 (0) 72 550 88 11
E-mail: nina.forsvall@polygiene.com

Ulrika Björk, CEO
Mobile: +46 (0) 70 921 12 75
E-mail: ulrika.bjork@polygiene.com

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About Polygiene
As the world leader in stays fresh technologies, we want to change the way we view products – from fast consumables to durables. We treat clothes, accessories, home products, and textiles to help people stay fresh, wash less and let clothes and products live longer. Over 200 global premium brands have chosen to use the Polygiene brand with their products. With the wholly owned subsidiary Addmaster Holdings Limited, we now have the possibility to offer solutions for both soft and hard surfaces. Polygiene is listed on Nasdaq First North Growth Market in Stockholm, Sweden. For more information: www.polygiene.com.