Investors

1) Purmo Group presents certain measures of financial performance, financial position and cash flows, which are alternative performance measures in accordance with the guidance issued by the European Securities and Markets Authority (‘ESMA’). For the detailed definitions and reconciliation of alternative performance measures see page 40 in the January-March 2024 interim financial statements review.
2) Change in net working capital includes assets held for sale. M&A and comparability adjustments totalled EUR 6.3 (2.9) million.
3) Comparative figures for Q1 2023 have been restated due to change in calculation of the key figure, see page 41 in the January-March 2024 interim financial statements review.
EUR million	1-3/2024	1-3/2023	Change, %	2023
Net sales	187.9	211.7	-11%	743.2
Adjusted EBITDA (1)	26.6	26.6	1%	92.3
Adjusted EBITDA margin, % (1)	14.2%	12.5%		12.4%
Adjusted EBITA (1)	20.3	19.4	4%	66.3
Adjusted EBITA margin, % (1)	10.8%	9.2%		8.9%
EBIT	17.9	15.1	19%	9.7
EBIT margin, %	9.5%	7.1%		1.3%
Profit for the period	9.4	6.7	40%	-9.3
Adjusted profit for the period (1)(3)	10.5	9.3	13%	32.2
Earnings per share, basic, EUR	0.22	0.16	36%	-0.32
Adjusted Earnings per share, basic, EUR (1)(3)	0.26	0.25	2%	0.68
Cash flow from operating activities	1.0	-1,2		40.4
Adjusted operating cash flow, last 12 months (1)(2)	87.0	88.4	-2%	75.1
Cash conversion (1)(2)	94.1%	98.2%		81.4%
Operating capital employed (1)	303.1	326.4	-7%	294.7
Return on operative capital employed, % (1)	3.7%	12.6%		2.9%
Net debt (1)	230.2	226.9	1%	219.6
Net debt / Adjusted EBITDA (1)	2.49	2.52	-1%	2.38

Key figures