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Cary group Interim report : Third quarter 2021 High acquisition pace brought strong growth Third quarter 2021 Net revenue increased by 28 % to SEK 577 million ( 450 ) . Adjusted EBITA increased to SEK 82 million ( 76 ) , corresponding to an adjusted EBITA margin of 14.2 % ( 16.8 ) . EBIT amounted to SEK 11 million ( 73 ) . Adjusted EBIT amounted to SEK 69 million ( 73 ) . Adjusted profit for the period amounted to SEK 4 million ( 27 ) . ● Earnings per share , basic and diluted , totalled SEK -0.45 ( 0.24 ) . Cash flow from operating activities amounted to SEK 43 million ( 38 ) . Financial summary Costs affecting comparability amounted to SEK 58 million ( 0 ) in the third quarter of 2021 and related primarily to the stock exchange listing . For the first nine months of the year , costs affecting comparability amounted to SEK 71 million ( 5 ) . With regard to alternative performance measures , see pages 20-21 for reconciliation and page 22 for definitions . SEKm Net sales Significant events during the third quarter In July Autoklinik in Malmö was acquired , which specialises in auto body repair and achieved total revenue of around SEK 38 million in 2020 . Organic growth Acquisitions and divestments Exchange rate effects • In July Auto Cristal Ralarsa ( " Ralarsa " ) was acquired , Spain's second - largest automotive glass repair and replacement company . Total sales , including sales from franchise businesses , amounted to EUR 51 million and net sales attributable to the company totalled EUR 25 million in 2020 . On 24 September , trading began in Cary Group's shares with its listing on Nasdaq Stockholm . During the quarter , Cary Group continued to explore additional acquisition opportunities in existing and new markets . EBITDA¹ EBITA - margin , % ¹ ) Adjusted EBITA¹ ) Adjusted EBITA - margin , % ¹ ) Operating result ( EBIT ) Adjusted EBIT Profit for the period Adjusted profit for the period Earnings per share before and after dilution , SEK Cash flow from operating activities Cash conversion¹ ) Net Debt / EBITDA¹ Return on Capital Employed " Q3 2021 577 -11 134 3 24 4.1 % 82 14.2 % 11 69 -42 4 -0.45 43 92.1 % 2.3 9.6 % 2020 450 -1 39 -6 75 16.8 % 76 16.8 % 73 73 First nine months of 2021 Net revenue increased by 24 % to SEK 1,609 million ( 1,302 ) . Adjusted EBITA increased to SEK 258 million ( 226 ) , corresponding to an adjusted EBITA margin of 16.0 % ( 17.4 ) . EBIT amounted to SEK 158 million ( 200 ) . Adjusted EBIT amounted to SEK 228 million ( 205 ) . Adjusted profit for the period amounted to SEK 72 million ( 74 ) . Earnings per share , basic and diluted , totalled SEK 0.09 ( 0.64 ) . Cash flow from operating activities amounted to SEK 207 million ( 200 ) . ● 27 0.24 38 95.5 % ● n.a. n.a. -84 % -5 % 27 -256 % -84 % 4 % 28 % -2 % 30 % 1 % -68 % 8 % Smarter solutions for sustainable car care 14 % Q1-3 2021 1,609 69 245 -7 188 11.7 % 258 16.0 % 158 228 17 72 0.09 207 93.1 % 2.3 9.6 % 2020 1,302 -47 104 -18 221 17.0 % 226 17.4 % 200 205 70 74 0.64 200 93.8 % n.a. n.a. 1 % 24 % 5 % 19 % -1 % -15 % 14 % -21 % 11 % -76 % -2 % 3 % LTM 1 ) 1,958 69 245 -7 206 10.5 % 279 14.2 % 169 241 -5 53 -0.10 212 91.9 % 2.3 9.6 % Full - year 2020 1,651 -84 130 -23 239 14.5 % 247 15.0 % 211 219 48 54 0.45 205 92.3 % 4.9 11.5 % " These are alternative performance measures . Refer to Note 9 , Alternative performance measures , page 20-21 for reconciliation and page 22 for definitions .