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momentumgroup INTERIM REPORT – 3 MONTHS • - - 1 January - 31 March 2021 Revenue amounted to MSEK 2,325 ( 1,539 ) , with the change compared with the previous year primarily attributable to the acquisition of Swedol . Compared with revenue for the corresponding quarter in the preceding year including Swedol ( MSEK 2,368 ) , revenue declined by 2 percent . * • EBITA amounted to MSEK 125 ( 91 ) , corresponding to an EBITA margin of 5.4 percent ( 5.9 ) . The change compared with the previous year is primarily attributable to the acquisition of Swedol . Compared with EBITA for the corresponding period in the previous year including Swedol ( MSEK 134 ) , EBITA declined by 7 percent while the EBITA margin amounted to 5.4 percent ( 5.7 ) . * • Operating profit amounted to MSEK 108 ( 80 ) and the operating margin to 4.6 percent ( 5.2 ) . • Net profit for the quarter amounted to MSEK 77 ( 54 ) and earnings per share totalled SEK 1.55 ( 1.95 ) . ● The return on working capital ( EBITA / WC ) for the most recent 12 - month period ( including Swedol ) was 31 percent . * • Cash flow from operating activities improved to MSEK 215 ( 105 ) . • The equity / assets ratio at the end of the quarter was 39 percent . • Demand during the quarter showed indications of a recovery compared with the most recent quarter and was characterised by stable demand from small and medium - sized customers in the business area Alligo ( formerly Tools , Consumables , Workwear & Protective Equipment ) and increased demand from industrial customers in the business area Components & Services towards the end of the quarter . ● The integration between Swedol and TOOLS continued according to plan , with an undiminished focus . • The business area Components & Services completed the acquisition of four businesses generating total annual revenue of approximately MSEK 285 . • Momentum Group's 2021 Annual General Meeting will be held on 11 May 2021 and the notice for the Meeting was published on 6 April 2021. A dividend of SEK 1.50 per share ( - ) is proposed . AFTER THE END OF THE REPORTING PERIOD • The Board of Directors to investigate the possibility of splitting the Group into two separate listed companies . On 9 April 2021 , the Board of Directors decided to assign Group management the task of investigating the conditions for splitting the Group into two separate listed companies . The aim is to create increased shareholder value through increased focus . ● The business area Tools , Consumables , Workwear & Protective Equipment has changed its name to Alligo . - On 19 April 2021 , the business area Tools , Consumables , Workwear & Protective Equipment changed its name to Alligo . The business area will continue to work with its strong concept brands to customers but with the launch of the common name Alligo , Swedol , TOOLS and the other companies in the business area are taking the next step in their shared journey of growth . The new business area name has been used throughout this report . * ACQUISITION OF SWEDOL CLOSED AS OF 1 APRIL 2020 Momentum Group's acquisition of Swedol was completed during spring 2020 and closed on 1 April 2020. Any instances where the comparative figures in this report include Swedol for the period prior to the closing date on 1 April 2020 are specifically noted . The bases for the financial history including Swedol are presented in a separate press release dated 24 June 2020 - Supplementary financial information relating to the 2019/20 financial year for the Momentum Group . Momentum Group AB ( publ ) Mail address : PO Box 5900 , SE - 102 40 Stockholm , Sweden | Visit : Östermalmsgatan 87 D , Stockholm | Tel : +46 10 454 54 70 Org No : 559072-1352 Reg office : Stockholm | www.momentum.group Page 1 ( 19 )