Mr Green enjoys financial growth in Q1

Mr Green has reported year-on-year growth across a number of key financials for the three months to March 31.

Total revenue came in at SEK381m (€36.3m/$44m), up 38% on SEK276.1m in the corresponding period last year.

Earnings before interest, tax, deprecation and amortisation (EBITDA) totalled SEK45.8m, up 34% on Q1 of 2017, with a margin of 12%.

Cash flow from operating activities climbed from SEK37.6m to SEK101.9m, with earnings per share after dilution down slightly from SEK0.53 to SEK0.48.

The mainly positive performance in the first quarter comes after Mr Green also reported financial growth for the 12 months to December 31, 2017.

During the past year, revenue was up 28.9% year-on-year to SEK1.19bn, with EBITDA also up 103% to SEK185.6m.

Related article: Mr Green reveals growth across key financials