January — June 2018
Net sales increased by 36 percent to 1 856,0 MILLION (1 367,4). Organic growth in local currencies was 17 per cent.
Operating profit before depreciation and write — downs (EBITDA) amounted to 133,5 MILLION (120,1).
Operating income before depreciation and amortization, excluding items affecting comparability1 (adjusted EBITDA) amounted to eur 162.3 MILLION (154,9), the corresponding 3,05 SEC (3,08) per share.
Operational exchange-rate differences impacted operating profit with SEK 0.6 m (3,0).
The operating profit (EBIT) amounted to 60,1 MILLION (59,3).
The period’s profit after tax amounted to SEK 38.3 million (32,2).
Earnings per share before and after dilution amounted to 0.71 SEK (0,63).
Second quarter, april — June 2018
Net sales rose 34 per cent to 997,4 MILLION (745,2). Organic growth in local currencies was 18 per cent.
Operating profit before depreciation and write — downs (EBITDA) amounted to sek 80.3 MILLION (49,3).
Operating income before depreciation and amortization, excluding items affecting comparability1 (adjusted EBITDA) amounted to the 97.4 MILLION (74,0), the equivalent of 1,84 SEC (1,45) per share.
Operational exchange-rate differences impacted operating profit with SEK 2.6 m (sek 3.9).
The operating profit (EBIT) amounted to 39.8 MILLION (18.3 million).
Earnings after tax amounted to SEK 29.0 million (-1,2).
Earnings per share before and after dilution amounted to 0,54 SEC (is-0.03).
Important events during the quarter
On 4 april the group acquired 100% of the share capital in Vehicle Agency LLC based in Seattle, united states. The company is specialized in technology and solutions in the personalized notification-based video and content-rich mediakommunikationslösningar. The initial purchase price amounted to $ 8 million on a cash and debt free basis. In addition, an additional purchase price of 4 $ M paid during the month of July. The acquisition has been financed with own cash. Further additional consideration of up to $ 18 million could be paid out.
On april 19, was named Oscar Werner president and CEO of CLX Communications AB Oscar Werner will take office on 1 september 2018. Johan Hedberg is going to take up a new role as head of business development, with a focus on north America.
The annual general meeting on 18 may it was decided to introduce a long term incentive programme for senior executives and key employees of CLX, by means of an issue of a maximum of 1 500 000 warrants with a duration of 3/4/5 years. At full utilization, dilution will amount to approximately 2.8 per cent.
1) Specification of items affecting comparability, see table on page 3.
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Upcoming financial reports
Interim report, January — september 2018 6 november 2018
If CLX Communications
CLX Communications (CLX) is a leading global provider of cloud-based communications services and solutions to enterprises and mobile operators. CLX mobile communication services makes it possible for companies to quickly, securely and cost-effectively communicate globally with their customers and connected devices — IoT (Internet of Things). CLX solutions enable business-critical communication across the world through mobile messaging services (SMS), voice services and mobile records management for IoT. CLX has since the company was founded grown with profitability. The group is headquartered in Stockholm, Sweden, and a presence in more than 20 countries. CLX Communications share is listed on Nasdaq Stockholm: CLX
Please note: the Information in this interim report is such that CLX Communications AB (publ) shall publish in accordance with the EU marknadsmissbruksförordning. The information was submitted for publication on 20 July 2018 there is a 07.30.
This report is published in Swedish and English. In the event of any differences between the English version and the Swedish original, the Swedish version shall apply. This report has not been reviewed by the company’s auditor.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: CLX Communications AB (publ) via Globenewswire