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October 27, 2022, 08:00
 Regulatory

OX2 AB (publ) reports its result for the third quarter of 2022 today

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July-September 2022

  • Net sales amounted to SEK 2,311 million (600)
  • Operating income amounted to SEK 30 million (24)
  • The operating margin amounted to 1.3% (4.1)
  • Profit for the period totaled SEK 44 million (15)
  • Earnings per share before and after dilution amounted to SEK 0.16 (0.06)
  • Cash flow from operating activities amounted to SEK -129 million (143)

January-September 2022

  • Net sales amounted to SEK 5,401 million (2,553)
  • Operating income amounted to SEK 498 million (97)
  • The operating margin amounted to 9.2% (3.8)
  • Profit for the period totaled SEK 459 million (97)
  • Earnings per share before and after dilution amounted to SEK 1.68 (0.38)
  • Cash flow from operating activities amounted to SEK 765 million (231)

CEO comments

“Net sales rose during the quarter, driven by good progress in the construction portfolio. We signed our first agreement for the sale of offshore wind projects while our development portfolio grew significantly as our offshore projects outside Åland were included in the portfolio. In addition, we completed our first acquisition in Spain through the investment of a solar project.”

Webcast and telephone conference

A webcast and telephone conference of the company’s interim report for the third quarter 2022 will be held today at 10.00 (CEST). The presentation will be given in English

Link to the webcast: https://ir.financialhearings.com/ox2-q3-2022

Call information:
SE: +46 8 5051 6386
UK: +44 20 319 84884
US: +1 412 317 6300
PIN: 0224750#
 
Ask written questions by email via ir@ox2.com
Ask questions live by calling on the telephone numbers above.

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