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Mr Green reveals growth across key financials

| By iGB Editorial Team
Mr Green has reported a year-on-year increase in revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) in 2017

Mr Green has reported a year-on-year increase in revenue and earnings before interest, tax, depreciation and amortisation (EBITDA) in 2017.

Revenue for the 12 months through to December 31, 2017, came in at SEK1.19bn (€120.2m/$147.7m), up 28.9% on the SEK924.5m collected in the previous year.

EBITDA rocketed 103% year-on-year to SEK185.6m, while EBITDA margin was also up from 9.9% in 2016 to 15.6% in the past year.

Earnings per share after dilution increased by 197% to SEK2.75, while Mr Green has proposed a distribution of SEK1.30 per share as a results of its performance in 2017.

Full-year results were boosted by an impressive performance in the last quarter, during which revenue was up 25.7% year-on-year to SEK333m.

EBITDA improved from SEK31.9m in Q4 of 2016 to SEK48.4m in the final three months of last year, while EBITD margin was up from 12% to 14.5%.

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