News Tag: Report

“I am proud that QleanAir continues to grow in its two growth areas: Air Cleaners (formerly Facility Solutions) and Cleanrooms (formerly Room Solutions). In the fourth quarter, sales of Air Cleaners increased by 120% to SEK 30m (13) and for Cleanrooms the corresponding increase was 72% to SEK 21m (12). In the quarter, the two … Continued

"Freestanding air cleaning solutions in the Facility Solutions product category continue to grow. Revenue increased by 104 per cent in the quarter compared to the previous year and the product category accounted for 19 percent (10) of our total sales. Both total order intake and sales in the quarter increased compared to Q3 last year. … Continued

“Facility solutions continues to grow, sales increased by 102 percent in the quarter compared to the previous year, and I am proud to announce that the product category now accounts for more than 20 percent of our total sales, which is in line with our strategy. Total order intake increased by 28 percent compared to … Continued

"Order intake increased for the second consecutive quarter, up 25 percent in the first quarter compared to the previous quarter. We increased the number of units installed by 15 percent, and the volume of cleaned air by 22 percent compared to the previous year. The installed base drives our recurring revenues, which amounted to 59% … Continued

“We are continuing to increase the number of installed units during the fourth quarter and are increasing the share of recurring revenues. For the full year, recurring revenues amounted to SEK 259m (191m), corresponding to 52% of sales and an increase of 35%. This gives us a good visibility regarding future revenues going into 2021. … Continued

“I’m pleased that given the challenging circumstances, we have delivered stable margins, a strong increase in recurring revenues and an improved net profit. All QleanAir’s markets and product categories were negatively impacted by the pandemic during the third quarter. The order intake and sales were lower. However, we saw a recovery in sales during the … Continued

“QleanAir has a strong market position in indoor air cleaning and presents a strong and profitable growth for the second quarter. Sales increased 26% to SEKm 137.0 (108.9) and the organic growth rate amounted to 24%. The EBITDA-margin increased to 23.6% (23.0) which resulted in a 29% increase in EBITDA to SEKm 32.4 (25.1). The … Continued

January – March 2020 in Summary • Order intake SEKm 124.1 (86.4) • Sales SEKm 144.7 (105.2)• EBITDA SEKm 38.3 (28.8) • EBITDA-margin 26.5% (27.4)• Operating profit (EBIT) SEKm 31.4 (23.6)• EBIT-margin1 21.7 % (22.5) • Net profit SEKm 17.9 (10.5)• Earnings per share SEK 1.20 (0.79)• Cash-flow from operations SEKm -4.8 (18.0) “QleanAir has a strong market position … Continued