QleanAir reports stable second-quarter revenue with currency-adjusted growth
Revenue was SEK 118.1 million, EBITDA margin 12.9%, and currency-adjusted growth 6.1% driven by the FS60 air cleaner launch and US cleanroom contracts.
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Provider of industrial air cleaning and smoke cabin solutions
qleanair.comLast updated
In short: QleanAir reported higher operating profit and launched its FS 90 Oil Mist cleaner.
Revenue was SEK 118.1 million, EBITDA margin 12.9%, and currency-adjusted growth 6.1% driven by the FS60 air cleaner launch and US cleanroom contracts.
Currency-adjusted revenue grew 10.6%, EBITDA margin was 13.1%, and the board set new financial targets.
Operating profit rose to MSEK 41.2 and cash flow from operating activities to MSEK 80.1, while net sales increased to MSEK 455.
Net sales rose 9.1% to SEK 113.1 million in the fourth quarter, and the EBIT margin improved to 13.1%. Net debt decreased to SEK 118.6 million.
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27/05 QleanAir wins US cleanroom construction contracts worth $2.4 million MT 27/05 QleanAir signs two new agreements...
Previous report sent out lacked MAR tag. "Demand for our solutions in critical application areas continues to deliver strong growth. Sales for the quarter amounted...
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