"The second quarter was weaker compared to the same quarter last year. Japan, our largest market, has a lower base of renewable contracts in 2024 compared to 2023. In combination with the weakness of the Japanese yen, the revenues are negatively impacted by approximately MSEK 16. This, in combination with higher service costs in Germany … Continued
"We had a stable financial performance in the first quarter, with currency-adjusted growth of almost 3%. The weakening of the Japanese yen affected our revenue negatively by 6 MSEK. Sequentially, we improved the operating margin to 9.7% compared to 7.8% in the fourth quarter 2023. We have not reached our goal yet, but we are … Continued
"We achieve growth of 11% for the full year of 2023. We strengthen operating income by more than 30% for the full year. We have brought QleanAir back to profitable growth. In Q4, we brake both the half billion mark for revenue and the 300 million mark for recurring revenue, a fantastic job by the … Continued
By devhouse
"The priority for 2023 is to achieve our financial targets. Growth for the quarter amounted to 11%. The operating margin amounted to 13.5% for the quarter and was impacted negatively by higher costs for materials and installations for a couple of cleanroom projects in the US. Accumulated growth was 13% and the adjusted operating margin … Continued
By devhouse
"We prioritize to reach our financial targets. Q2 2023 continues to show that we are on the right track. The demand for premium indoor air solutions increased. All three geographies and all three product categories grew during the quarter. Japan continues to exhibit a high level of growth in APAC and grew by 18%. In … Continued
By devhouse
"The priority is to reach our financial targets. January-March 2023 shows that we are on the right track and we will improve further. Japan continues to show high growth, increasing by 23% in the quarter. The US had a strong quarter with an 85% increase. Meanwhile, EMEA delivered unsatisfactory revenue in the first quarter. We … Continued
By devhouse
"Japan continues to show high growth with an increase of 27%. The US had a strong quarter with an increase of 107%, the best quarter since QleanAir launched cleanrooms in the US. EMEA delivered unsatisfactory revenue in the fourth quarter with a decrease of 24%" CEO Sebastian Lindström remarks. ORDER INTAKE INCREASED BY 50% AND … Continued
By devhouse
QleanAir AB (publ), the premium supplier of solutions for clean indoor air, today announces preliminary results for the fourth quarter 2022. QleanAir discloses this information as the company considers it to significantly deviate from the communication related to the company’s interim report for the third quarter 2022. QleanAir discloses the following preliminary and not audited … Continued
By devhouse
The Board of QleanAir has today appointed Sebastian Lindström as the new CEO of QleanAir AB from November 28, 2022. Sebastian Lindström succeeds Christina Lindstedt, who will remain as an advisor during her notice period. Sebastian Lindström has been a board member of the company since May 2022 and as CEO he will bring extensive … Continued
By devhouse
"I am pleased that in Q3, we are back to an operating profit, EBIT, of over 15%. We have very good profitability in our underlying business and deliver a strong gross margin of 73.1% and an operating margin of 15.7%. An improvement of five percentage points compared to the previous quarter," CEO Christina Lindstedt remarks. … Continued