Financial development & significant events during the third quarter (1 Jan - 31 Mar)
Net sales for the period increased by 16 percent and amounted to SEK 478 (414) million.
Gross profit amounted to SEK 342 (300) million, corresponding to a gross margin of 71.5 (72.6) percent.
EBIT amounted to SEK 101 (87) million, corresponding to an increase of 16 percent.
EBIT margin amounted to 21.0 (21.1) percent.
Earnings per share before dilution amounted to SEK 0.72 (0.60) and after dilution to SEK 0.71 (0.60).
The report will be presented to investors, analysts, and media in a webcast today at 10:00 CET.
If you wish to participate via webcast, please use the link below.
https://ir.financialhearings.com/revolutionrace-q3-report-2024
If you wish to participate via teleconference, please register on the link below. After registration you will be provided with phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
https://conference.financialhearings.com/teleconference/?id=50047230
For more information, please contact:
Jesper Alm, CFO
E-mail: jesper.alm@revolutionrace.se
About RevolutionRace
RVRC Holding AB (publ) (RevolutionRace) is a fast-growing outdoor brand offering multifunctional products including clothes, shoes, backpacks, and accessories to people with an active lifestyle. RevolutionRace ambition is to create high-quality, colorful, and affordable outdoor products with an amazing design and fit at unmatched value under the tagline "Nature is our playground." The company operates with a digital D2C business model reaching customers in approximately 40 countries. The company was founded in 2013 and is listed on Nasdaq Stockholm since 2021. RevolutionRace is on a mission - to make the nature accessible for everyone!
Stay updated on latest news by subscribing to press releases and financial information: https://corporate.revolutionrace.com/en/subscribe/
This information is information that RVRC Holding AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-05-07 07:30 CEST.
Image Attachments
Q3 23 34
Attachments:
Interim Report Q3 2023 24.pdf
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RVRC Holding AB published this content on
07 May 2024 and is solely responsible for the information contained therein. Distributed by
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07 May 2024 05:38:06 UTC.
RVRC Holding AB is a Sweden-based company. The Company owns and manages shares in subsidiaries and conducts sales of outdoor and leisure clothing as well as associated products and related activities. RevolutionRace group is outdoor company that offers multifunctional products including clothing, shoes, backpacks and accessories for people with an active lifestyle. The Company offers its multi-functional clothing under its own RevolutionRace brand and targets a global and broad customer base that lives an active life mainly in the age category between 18 and 70 years. RevolutionRace conducts its business within the framework of a digital D2C2) business model, which means that the sale takes place exclusively online and is aimed directly at consumers. The Company reaches out to customers in more than 35 countries via 18 online stores.
RVRC HOLDING AB 
