Q4 2023 Embellence Group AB (publ) Earnings Call Transcript
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Welcome everyone to the Q4 presentation of Embellence Group. Presenting today is together with me Karin Lidén, our CFO; and myself, Olle Svensk. So let's move directly into the Q4 results. So while the market remained challenging and somewhat soft, I'm really proud to say that we finished the year strong, in a strong way. We reached a revenue of SEK190 million, which means organic growth of 5.7%. And all three premium brands in wallpaper categories grew in the fourth-quarter.
On an EBITDA level, we reached SEK23.2 million or a margin of 12.2%. And thanks to a lower cost base. We managed to mitigate some of the adverse product mix that we saw in the quarter. We had no adjustment during the quarter and so in total, 12.2% on EBITDA margin as I mentioned.
Strong operating cash flow of 33.6% compared to 16% last quarter, the comparable quarter. And last but not least here, a new Chairman of the Board was appointed on December 8, Magnus Welander.
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