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Interim report January - September 2021 Financial highlights third quarter Net sales increased by 15 % to SEK 222 m ( 193 ) , organic growth was 8 % . > > > > > > Business highlights third quarter Karnov Group signed an agreement to acquire 100 % of the shares in the EHS software provider Echoline SAS based in France , and thereby enters the French and Benelux market . Karnov Group launched a legal information solution for municipalities in Denmark . > > EBITA amounted to SEK 80 m ( 77 ) with EBITA margin of 36.1 % ( 39.9 % ) . Another growth quarter Adjusted EBITA amounted to SEK 88 m ( 77 ) with EBITA margin of 39.5 % ( 39.9 % ) . Net result amounted to SEK 23 m ( 28 ) . Earnings per share after dilution amounted to SEK 0.24 ( 0.28 ) . Adjusted operating cash flow amounted to SEK -4 m ( -1 ) . Karnov Group published the industry report Future Lawyer Survey 2021 which is focusing on legal tech and mental health within the legal field . Karnov Group appointed Jonas Olin as new CFO . Jonas Olin will assume the position on 1 March 2022 . Key financial ratios for the Group * TSEK Net sales Organic growth , % EBITA EBITA margin , % Adjusted EBITA Adjusted EBITA margin , % Net result Adjusted cash flow from operating activities Q3 2021 222,325 8.0 % 80,315 36.1 % 87,815 39.5 % 23,490 -4,301 Financial highlights first nine months > Net sales increased by 13 % to SEK 657 m ( 583 ) , organic growth was 7 % . > > EBITA amounted to SEK 246 m ( 228 ) with EBITA margin of 37.4 % ( 39.2 % ) . Adjusted EBITA amounted to SEK 253 m ( 228 ) with EBITA margin of 38.6 % ( 39.2 % ) . Net result amounted to SEK 83 m ( 84 ) . Earnings per share after dilution amounted to SEK 0.85 ( 0.85 ) . Adjusted operating cash flow amounted to SEK 138 m ( 219 ) . 2020 A % 15.3 % 192,755 3.0 % 76,899 4.4 % 39.9 % 76,899 14.2 % 39.9 % 27,953 -16.0 % -580 -641.5 % Q3 * For more information see Financial Definitions and Note 7 for calculations of Alternative Performance Measures . Jan - Sep 2021 656,966 6.5 % 245,765 37.4 % 253,265 38.6 % 83,196 138,183 2020 A % 582,674 2.5 % 228,375 39.2 % 228,375 10.9 % 39.2 % 83,894 -0.8 % 12.8 % 7.6 % 218,737 -36.8 % Jan - Dec 2020 771,416 2.1 % 275,955 35.8 % 288,158 37.4 % 100,004 413,762 IIKARNOV GROUP