Page 1

momentumgroup INTERIM REPORT – 6 MONTHS - - 1 January - 30 June 2021 SECOND QUARTER ( 1 April - 30 June 2021 ) • Revenue increased by 12 percent to MSEK 2,560 ( 2,288 ) . • • ● • • • • EBITA increased by 38 percent to MSEK 214 ( 155 ) , corresponding to an EBITA margin of 8.4 percent ( 6.8 ) . Operating profit amounted to MSEK 194 ( 134 ) and the operating margin to 7.6 percent ( 5.9 ) . Net profit for the quarter increased by 54 percent to MSEK 145 ( 94 ) and earnings per share to SEK 2.85 ( 1.85 ) . Demand and the earnings trend in both of the Group's business areas continued to recover during the quarter compared both with the preceding quarter and with the preceding year , which was characterised by uncertainty and the measures taken by companies and societies at large in the wake of the COVID - 19 pandemic . The integration between Swedol and TOOLS continues according to plan and with an undiminished focus within the Group's business area Alligo . A new organisational structure was established in the business area Components & Services during the quarter in order to support the continued operational and acquisition driven focus . In the beginning of April , 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 Board intends to present further information on the results of the investigation during the financial year . Momentum Group's Annual General Meeting was held on 11 May 2021 and the dividend was set at SEK 1.50 per share ( - ) . REPORTING PERIOD ( 1 January - 30 June 2021 ) • Revenue amounted to MSEK 4,885 ( 3,827 ) , with the change from the preceding year partly attributable to the acquisition of Swedol , which closed in April 2020 . Compared with revenue for the corresponding period in the preceding year including Swedol for the entire reporting period ( MSEK 4,656 ) , revenue increased by 5 percent . * • EBITA amounted MSEK 339 ( 246 ) , corresponding to an EBITA margin of 6.9 percent ( 6.4 ) . The change compared with the preceding year is partly attributable to the acquisition of Swedol . Compared with EBITA for the corresponding period in the preceding year including Swedol ( MSEK 289 ) , EBITA increased by 17 percent and the EBITA margin amounted to 6.9 percent ( 6.2 ) . * • Net profit for the period amounted to MSEK 222 ( 148 ) and earnings per share totalled SEK 4.40 ( 3.80 ) . ● The return on working capital ( EBITA / WC ) for the most recent 12 - month period ( including Swedol ) was 33 percent . * • The equity / assets ratio was 39 percent at the end of the period . • Cash flow from operating activities amounted to MSEK 486 ( 482 ) . • The business area Components & Services completed four corporate acquisitions during the period generating total annual revenue of approximately MSEK 285. The business area Alligo completed one corporate acquisition in Finland generating total annual revenue of approximately MEUR 5 . * 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 )