Financial position

EUR millionQ1 2024Q1 2023
Interest-bearing net debt510.0369.8
Net debt / comparable EBITDA (LTM), ratio 2.921.95
Equity ratio, %4549
Net gearing, %6748
Cash flow from operating activities before financial items and taxes-5.522.1

Fiskars Group had EUR 250.0 million (250.0) of long-term committed credit facilities and uncommitted overdraft facilities of EUR 49.3 million (46.9). A commercial paper program of EUR 400.0 million was available with Nordic banks. The long-term committed credit facilities were not in use (30.0). Of the commercial paper program, EUR 84.8 million (150.0) was in use.