Correction missing MAR reference: Integrum publishes preliminary revenue, result and and cash flow figures for Q2, 2023

Rhea-AI Summary

INTEG B - Integrum (publ) Expects Higher Q2 Revenue, Operating Profit, and Cash Flow, Preliminary Figures Show 36.2% Revenue Increase and 611.1% Operating Profit Surge

Positive

• Higher than expected Q2 revenue, operating profit, and cash flow
• 36.2% increase in Q2 revenue compared to last year
• 611.1% surge in operating profit
• Improved cost structure for operating costs

Negative

• None.

MÖLNDAL, Sweden, Nov. 10, 2023 /PRNewswire/ -- For technical and administrative reasons, the previous press release was missing the appropriate MAR reference which is now added. All other items remain the same. Integrum (publ) (Nasdaq First North Growth Market: INTEG B) today announces that it expects its revenue, operating profit and cash flow for Q2 will be higher than the market expectations.

The revenue for Q2 is expected to be at 27,5 MSEK (20,2), which corresponds to an increase of 36,2% in comparison to last year. The operating profit for Q2 is expected to be at 6,4 MSEK (0,9). Excluding direct currency effects, the operating profit is expected to be at 4,1 MSEK (-5,2). The increase in operating profit can be attributed to both the increase in activity but also an improved cost structure for operating costs.

The cash flow for the quarter is expected to be 3,4 MSEK (-3,8).

All amounts in this press release are preliminary and have not undergone any review by the company auditors.

The complete result for Integrum will be presented in the quarterly report for August - October 2023 which is published on December 4, 2023. This means that the company is still in its quiet period.

This disclosure contains information that Integrum AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 10-11-2023 16:50 CET.

For more information please contact:

Rickard Brånemark, CEO
Phone: +46 (0) 70 846 10 61
E-mail: rickard.branemark@integrum.se

Jörgen Svanström, CFO
Phone: + 46 (0) 70 734 96 60
E-mail: Jorgen.svanstrom@integrum.se

Certified Adviser
Erik Penser Bank is Certified Adviser.

The following files are available for download:

https://mb.cision.com/Public/17531/3873887/93156e7cb6e90976.pdf

2023-11-10 Correction Integrum publishes Q2 results

 

View original content:https://www.prnewswire.com/news-releases/correction-missing-mar-reference-integrum-publishes-preliminary-revenue-result-and-and-cash-flow-figures-for-q2-2023-301984911.html

SOURCE Integrum AB

FAQ

What are Integrum's Q2 revenue and operating profit expectations?

Integrum expects Q2 revenue to be 27.5 MSEK and operating profit to be 6.4 MSEK, representing a 36.2% revenue increase and a 611.1% surge in operating profit.

What is the expected cash flow for Integrum in Q2?

The expected cash flow for Integrum in Q2 is 3.4 MSEK.

When will the complete Q2 results be available?

The complete Q2 results for Integrum will be presented in the quarterly report for August - October 2023, published on December 4, 2023.

Is Integrum still in its quiet period?

Yes, the company is still in its quiet period.

Who is Integrum's Certified Adviser?

Erik Penser Bank is Integrum's Certified Adviser.