Polygiene AB (publ.) Interim Report January 1 – March 31, 2022

Publish date: 28 apr 2022

A solid start to the year with growth and restored profitability

Q1 in brief (January – March 2022)

  • Net sales amounted to MSEK 45.1 (42.0), a positive growth by 7.5 %
  • The operating profit EBITDA amounted to MSEK 9.3 (9.8), corresponding to an EBITDA margin of 20.7 (23.4) %
  • The gross margin amounted to 67.1 (64.8) %
  • The cash flow amounted to MSEK 1.4 (31.0)

Events during the quarter in brief (January – March 2022)

  • Polygiene acquires SteriTouch
  • MP Activewear boosts its training collections with Polygiene
  • Flowfresh updates antimicrobial flooring with Polygiene
  • Addmaster receives Queen’s Award, for the third time
  • Tommy Hilfiger and Calvin Klein collections with Polygiene now online
  • Sue Bethel new CTO for Polygiene Group

Significant events after the quarter

  • Maloja relies on Polygiene for its bike styles
  • E-leather and Biomaster nominated for Crystal Cabin Awards
  • CAT fully antimicrobial smartphone nominated for Mobile News Award
  • Addmaster nominated for export award
     

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 April 28, 2022
 

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 300 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.

Erik Penser Bank AB is the Company’s Certified Adviser, telephone: 08-463 83 00, e-mail: certifiedadviser@penser.se