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Trading update for FY 2022 (preliminary and unaudited figures)

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Trading update for FY 2022 (preliminary and unaudited figures)

In 2022, SP Group set new sales record and new record at EBITDA, EBIT and EBT level.

  • Revenue was up by 7.1 % relative to FY 2021 to DKK 2,656.3 million, which is within the most recently announced range of 5 – 15 %.
  • We experienced a fine development in sales of our own brands in 2022 which increased by 9.3 % and now account for 26.5 % of revenue.    
  • Profit before depreciation, amortisation and impairment losses (EBITDA) was up by 13.1 % relative to FY 2021 to DKK 478.4 million equal to an EBITDA margin of 18.0 %, which is within the most recently announced EBITDA margin of 16 - 18 %.
  • Profit before tax (EBT) was up by 4.2 % relative to FY 2021 to DKK 268.5 million equal to an EBT margin of 10.1 % and within the most recently announced EBT margin of 9 – 12 %.
  • EPS came at DKK 17.49 equal to a growth of 6.4 %.

See attached company announcement.

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