QleanAir AB (FRA:9ZJ)
€ 1.37 -0.03 (-2.14%) Market Cap: 21.58 Mil Enterprise Value: 36.62 Mil PE Ratio: 29.57 PB Ratio: 1.23 GF Score: 60/100
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Q4 2021 Qleanair AB Earnings Call Transcript

Feb 11, 2022 / 09:00AM GMT
Release Date Price: €4.77 (-12.64%)
Christina Lindstedt
QleanAir AB - CEO

Welcome to our Q4 and 2021 results presentation. I would like to start from page 4, and I will start by summarizing our key takeaways from Q4.

And I am very proud to say that we continue our strong growth in our air cleaning product category, and we are up by 120% compared to the same period last year. And I'm equally happy that we also continue to grow our cleanroom business where we are up by 72% compared to the same period last year. And that means that our two new product categories, our growth product categories together represent the 43% of our total sales, which is a very important development, which is completely in line with our strategy.

We also continue to increase our installed base and delivered an increase of 19%. And in terms of sales value, we delivered growth of 12% reaching SEK120 million adjusted for currency fluctuation. When it comes to the margin, we delivered an EBIT level of 15.2% in the quarter, which was lower than previous quarters, and that was partly linked to investments in sales driving activity and the marketing. On

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