Dustin Group AB: Favourable Trend in Core Operations amid a Challenging Market

Regulatory News:

Dustin Group AB: (STO:DUST)

Third quarter

• Net sales for the quarter increased 0.9 per cent to SEK 1,919 million (1,902). Organic growth in constant currency was negative 1.1 per cent (25,2).

• Gross margin rose to 14.2 per cent (13.6).

• Adjusted EBITA amounted to SEK 82 million (80). Items affecting comparability amounted to a negative SEK 15 million (100).

• Profit for the quarter amounted to 39 million (136).

• Earnings per share before dilution totalled SEK 0.51 (2.05).

• Earnings per share after dilution amounted to SEK 0.51 (2.05).

• Cash flow from operating activities totalled SEK 14 million (120).

September 2014 – May 2015

• Net sales for the period rose 7.7 per cent to 6,175 million (5,734). Organic growth in constant currency was 5.7 per cent (22.0).

• Gross margin was 14.0 per cent (14.3).

• Adjusted EBITA amounted to SEK 286 million (283). Items affecting comparability totalled a negative SEK 64 million (48).

• Profit for the period amounted to SEK 95 million (184).

• Earnings per share, before dilution, totalled SEK 1.36 (2.79).

• Earnings per share after dilution amounted to SEK 1.36 (2.79).

• Cash flow from operating activities totalled SEK 81 million (282).

• Net debt in relation to adjusted EBITDA in the past 12-month period was under 2.6 (3.2 for the full year, 13/14).

Operations

*To gain comparability among the periods, earnings per share have been recalculated, based on the number of shares.

This information is such that Dustin Group AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publication at 08:00 CET on July 7, 2015.

About Dustin Group

Dustin Group is one of the leading Nordic resellers of IT products and additional services to companies, the public sector and private individuals. Having its core business within e-commerce, Dustin functions as a bridge between the manufacturer’s large selection and the customer’s needs where Dustin’s employees help customers find the right solution for their needs.

Dustin Group is a one-stop-shop that offers approximately 200,000 products with associated services, functions and solutions. The operation is conducted in Sweden, Denmark, Norway and Finland. Besides Dustin and Dustin home, the Group also includes Businessforum and Resolute (Finland) and IT-Hantverkarna (Sweden).

Dustin Group has more than 900 employees. Sales during the 2013/14 financial year amounted to approximately SEK 7.4 billion. About 90 per cent of Dustin’s income derives from the corporate market with a focus on small and medium companies. Dustin Group is listed on Nasdaq Stockholm since 2015 and has its head office in Nacka in Stockholm.

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