LMK Group rapporterar resultat för första kvartalet i en svag e-handelsmiljö 4 maj 2022 07:30:00 Regulatorisk Delårsrapport LMK Group, ledande leverantören av matkassar i Skandinavien och i skandinavisk foodtech, presenterade i dag sin kvartalsrapport för första kvartalet 2022. LMK Group has operations in Sweden, Norway and Denmark and operates under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt. Walker Kinman, CEO of LMK Group, commented: “The return from the pandemic, a pent-up need for travel and restaurant visits, and household spending being affected by rising inflation, are all factors that have affected e-commerce, and especially food e-commerce, during the quarter . This development has led to a decline in sales and lower new customer acquisition for LMK Group. Despite this, we have noted an increased order frequency and average order value, which shows an improvement in the quality of customer groups. We have continued to develop our organization, invested in tech and pushed our product innovation during the quarter and are now focusing on launching complementary growth areas while adapting our cost structure to market conditions.” First quarter 2022 (Q1 2021) Net sales amounted to SEK 352.9 million (419.5), which corresponds to a decrease of -15.9% (+30.7%). Adjusted for exchange rate differences, this corresponded to a decrease of -19.3% Margin after handling costs amounted to 24.4% (29.0%) Sales and marketing costs amounted to SEK 56.9 million (56.0), an increase of 0, 9 MSEK which corresponded to 16.1% (13.4%) of Net sales EBITDA amounted to -6.5 MSEK (27.3), the EBITDA margin amounted to -1.8% (6.5%) Adjusted EBITDA amounted to -4.1 MSEK (40.3) and an adjusted EBITDA margin of -1.2% (9.6%) The operating profit (EBIT) amounted to -19.7 MSEK (16.4), which constituted a margin of – 5.6% (3.9%) The adjusted operating profit (EBIT) amounted to -17.4 MSEK (29.4), corresponding to a margin of -4.9% (7.0%) Profit after tax amounted to – SEK 18.9 million (6.4) Earnings per share before and after dilution amounted to SEK -1.49 (1.24) The full quarterly report is attached and here: https://lmkgroup.se/sv/investerare/rapporter/ Presentation of the report CEO Walker Kinman and CFO Erik Bergman will present the report on May 4 at 09:00 via a conference call and webcast. The presentation is held in English and ends with QA. Länk till webcast: https://tv.streamfabriken.com/lmk-group-q1-2022 Efter presentationen kommer en inspelning av livesändningen att finnas tillgänglig via samma länk. För att delta via telefon, vänligen ring in på följande telefonnummer: DK: +4578723252 NO: +4723500236 SE: +46850558354 UK: +443333009265 US: +16467224904 För ytterligare information, kontakta: Peter Bodor, Head of Corporate Communications, LMK Group Mob: +46 706 48 70 65 E-post: peter.bodor@linasmatkasse.se Walker Kinman, VD, LMK Group Mob: +46 707 22 65 13 E-post: walker.kinman@linasmatkasse.se Erik Bergman, CFO, LMK Group Mob: +46 707 74 49 73 E-post: erik.bergman@linasmatkasse.se Om LMK Group LMK Group grundades 2008 med visionen att förenkla vardagen genom att erbjuda en stor variation av inspirerande måltider levererade direkt till kundens ytterdörr. Today, the group is the largest supplier of meal kits in the Nordics and a leader in Scandinavian foodtech. The group has operations in Sweden, Norway and Denmark and operates under the brands Linas Matkasse, Godtlevert, Adams Matkasse and RetNemt. In 2021, LMK Group had a turnover of SEK 1,387.3 million and delivered approximately 23.2 million meals to its customers. LMK Group is listed on the Nasdaq First North Premier Growth Market.
Certified Adviser är FNCA Sweden AB, info@fnca.se, +46 (0) 8528 00 399. This information is information that LMK Group AB is obliged to make public according to the EU’s market abuse regulation. The information was provided, through the above contact person, for publication on 2022-05-04 07:30 CEST.