Feb 07, 2024 / 09:00AM GMT
Operator
Welcome to the Addtech Q3 presentation. (Operator Instructions) Now I will hand the conference over to the CEO, Niklas Stenberg; and CFO, Malin Enarson. Please go ahead. This call is being recorded.
Niklas Stenberg Addtech AB-CEO
Good morning, everyone. And most welcome to Addtech third quarter results presentation. As usual, we will summarize the quarter and then go over to Q&A.
Our third quarter can be summarized as stable at high levels as we write in the report, our net sales were up 7% or which 2% organic. We saw continued high business activity in the quarter on the whole, but with variations between segments. EBITA also grew 7% with a strengthened margin of 13.6% year-on-year. And it's our focus on added-value product mix and contribution from acquisitions being the drivers here.
I would also like to highlight that we continue to deliver strong cash flow in the quarter and also in the period. And finally, we have done three more acquisitions in the quarter, adding approximately SEK350 million (sic - see press release,
Q3 2024 Addtech AB Earnings Call Transcript
Feb 07, 2024
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