Röko Posts 44% Q3 Sales Growth as Leverage Reaches 2.6 Times EBITDA
Photo: TokenPost
Röko AB's third-quarter net sales rose 44% from a year earlier to SEK 2.18 billion, while adjusted EBITA climbed 57% to SEK 433 million. At Sept. 30, financial net debt equaled 2.6 times adjusted EBITDA for the prior 12 months. Net sales increased from SEK 1.518 billion in the comparable quarter. Röko attributed the expansion to acquisitions, 9% organic growth and a 2% positive currency effect. The company released the results Friday, Oct. 23, at 2 a.m. ET (06:00 UTC). Adjusted EBITDA totaled SEK 492 million against SEK 319 million. Based on those figures, the measure grew about 54%.
Source: TokenPost
