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midsona INTERIM REPORT , JANUARY - MARCH 2021 A quarter of continued growth and good profitability January - March 2021 ( first quarter ) Net sales amounted to SEK 965 million ( 946 ) , but with challenges in organic growth as a result of the previous year's hoarding effects . EBITDA amounted to SEK 94 million ( 107 ) before items affecting comparability , corresponding to a margin of 9.7 percent ( 11.3 ) . Profit for the period was SEK 33 million ( 47 ) , corresponding to earnings per share of SEK 0.50 ( 0.72 ) before and after dilution . Free cash flow amounted to SEK -26 million ( 2 ) . The brand Kung Markatta was named Sweden's Greenest Brand 2020 in the category of food - producing companies in a survey of how the Swedish people view issues of sustainability and the brand . Key figures , Group ' Net sales growth , % Jan - Mar 2021 2.0 Jan - Mar 2020 Rolling 12 - month Full year 2020 20.4 15.0 20.4 Gross margin , before items affecting comparability , % 28.5 29.1 28.0 28.1 Gross margin , % 28.5 29.1 27.8 28.0 EBITDA - margin , before items affecting comparability , % 9.7 11.3 10.1 10.5 EBITDA margin , % 9.5 11.3 10.4 10.9 Operating margin , before items affecting comparability , % 5.8 7.5 6.1 6.6 Operating margin , % 5.6 7.5 6.4 6.9 Profit margin , % 4.5 6.4 5.0 5.5 Return on capital employed , % 5.5 6.6 Net debt , SEK million 1,629 1,411 1,629 1,584 Net debt / Adjusted EBITDA , multiple 4.5 4.2 46.0 48.3 46.0 45.1 Equity / assets ratio , % ' Midsona presents certain financial measures in the Interim Report that are not defined under IFRS . For definitions and checks against IFRS , please refer to pages 14-15 of this interim report and to pages 150-153 in the 2020 Annual Report . FRIGGS DAVERT ALWAYS ORGANIC KUNG MARKATTA Vegetalia Earth Control Нарру Bi HELIOS ALLTID EKOLOGISKT ARTESANOS DE VERDAD Celnat Note : This Interim Report is information such that Midsona AB ( publ ) is required to publish under the EU Market Abuse Regulation . This Interim Re- port was submitted under the auspices of Peter Åsberg and Max Bokander for publication on 29 April 2021 at 8:00 a.m. CET . MIDSONA AB ( PUBL ) * CORPORATE IDENTITY NUMBER 556241-5322 For further information Peter Åsberg , CEO +46 730 26 16 32 Max Bokander , CFO +46 708 65 13 64 INTERIM REPORT , JANUARY - MARCH 2021 · 1