"2025 has started positively with new customers both in Sweden and Europe. Our consumer brands OrganoTex and BIOkleen have gained several new leading retailers, which shows that we have a strong offering with our unique biobased and eco-labeled consumer products. However, our biobased industrial products continue to face headwinds from weak markets and price pressure from competing fossil-based alternatives.
During the first quarter, we had a slight decline in sales of -7.3% (-12.2%) to SEK 35.4 (38.2) million. The sales loss came from our Functional Wood and Nonwoven & Fiber Technologies business units. The Green coatings & maintenance products business unit, on the other hand, showed growth. Operating profit deteriorated to SEK -2.1 (0.2) million, primarily from lower sales and lower gross margin in the Functional Wood business unit, where a clearance of old products also affected the result by SEK -0.8 million. The other business units had approximately the same results as last year. The strong exchange rate fluctuation during the quarter also negatively affected the result by SEK -0.5 million compared to the previous year."
Translation from CEO Mårten Hellbergs comments to the Interim Report.
Q1, 1 January – 31 March 2025
The Group compared with 2024
» Net revenue amounted to SEK 35.4 (38.2)million
» The gross margin amounted to 25.2% (29.3%)
» EBIT amounted to SEK -2.1 (0.2)million
» Cash-flow from operating activities amounted to SEK -10.5 (-10.4)million
This disclosure contains information that OrganoClick AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 06-05-2025 08:30 CET.