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Kjell & Company Interim report Q3 1 JANUARY - 30 SEPTEMBER 2021 Third quarter Net sales increased 19.7 % to MSEK 589.0 ( 492.0 ) Excluding the acquisition of AV - Cables , sales growth totalled 6.2 % , corresponding to MSEK 30.3 Comparable growth amounted to 3.4 % ( 4.7 % ) ● ● ● ● Gross profit increased 15.0 % to MSEK 250.3 ( 217.6 ) and the gross margin was 42.5 % ( 44.2 % ) Adjusted EBITA totalled MSEK 51.2 ( 45.0 ) and the adjusted EBITA margin was 8.7 % ( 9.2 % ) Operating profit amounted to MSEK 22.7 ( 44.5 ) and the operating margin to 3.9 % ( 9.0 % ) LIVE Net profit for the quarter amounted to MSEK 1.3 ( 22.3 ) Cash flow from operating activities totalled MSEK 49.7 ( 46.8 ) Earnings per share before and after dilution amounted to SEK -0.63 ( 1.00 ) Performance measures MSEK Net Sales Sales growth , % Comparable growth , % Gross profit Gross margin , % Adjusted EBITA Adjusted EBITA - margin , % Operating profit ( EBIT ) Cash flow from operating activities Equity ratio Basic earnings ( loss ) per share , SEK * Members in loyalty club , thousand Customer NPS Q3 Significant events during the quarter and after the end of the quarter Listing of the company on Nasdaq First North Growth Market on 16 September ● COVID - 19 retail restrictions lifted in all markets towards the end of the quarter At the beginning of the fourth quarter , two new service points were opened in Norway and one in Sweden , and it has been decided to open an additional four service points in the near future Kjell & Company awarded " Omni - Channel of the Year " at the 2021 Retail Awards 2021 589.0 19.7 % 3.4 % 250.3 42.5 % 51.2 8.7 % 22.7 49.7 -0.63 1 January - 30 September ( period ) Net sales increased 18.5 % to MSEK 1,579.2 ( 1,332.9 ) Excluding the acquisition of AV - Cables , sales growth totalled 10.1 % , corresponding to MSEK 134.9 Comparable growth amounted to 7.3 % ( 4.3 % ) Gross profit increased 16.1 % to MSEK 691.4 ( 595.6 ) and the gross margin was 43.8 % ( 44.7 % ) gen Adjusted EBITA totalled MSEK 100.2 ( 73.1 ) and the adjusted EBITA margin was 6.3 % ( 5.5 % ) Com Operating profit amounted to MSEK 54.2 ( 67.9 ) and the operating margin to 3.4 % ( 5.1 % ) Net loss for the period amounted to MSEK -3.8 ( 8.8 ) Cash flow from operating activities totalled MSEK 8.2 ( 59.2 ) Earnings per share before and after dilution amounted to SEK -3.08 ( 1.97 ) 2020 492.0 5.6 % 4.7 % 217.6 44.2 % 45.0 9.2 % 44.5 46.8 1.00 2021 1,579.2 18.5 % 7.3 % 691.4 43.8 % 100.2 6.3 % 54.2 8.2 Jan - Sep 33.8 % -3.08 2,437 74 2020 1,332.9 5.8 % 4.3 % 595.6 44.7 % 73.1 5.5 % 67.9 59.2 16.0 % -1.971 1,918 68 Oct - Sep 20/21 2,245.4 15.5 % 973.3 43.3 % 174.0 7.7 % 125.5 186.0 2,437 73 Jan - Dec 2020 1,999.0 6.8 % 5.7 % 877.5 43.9 % 146.9 7.3 % 139.3 237.0 17.2 % 1.43 2,115 70 Earnings per share excluding adjustments made in accordance with previous holdings described in Note 6 amounted to SEK 0.09 for the third quarter of 2021 , SEK 1.94 for the third quarter of 2020 , SEK -0.32 for January - September 2021 , SEK 0.76 for January - September 2020 and SEK 5.13 for January - December 2020