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Q3 2022 Nordic Waterproofing Holding AB Earnings Call Transcript
Good morning, and welcome to the Nordic Waterproofing Holdings Q3 2022 Earnings Call. (Operator Instructions) Please note that this event is being recorded. I'd now like to turn the conference over to Mr. Martin Ellis. Please go ahead, sir.
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Thank you very much. Good morning, everybody, and thanks for attending our call. We delivered a solid quarter, and we did see some signs of reduced demand, which we're going to talk about.
Turning to Page 2. You can see that our net sales increased by 13% in nominal terms and that is 4% organic growth, where volume was negative 9% and price plus 13% compared to last year. We had an impact of plus 5% from acquisitions in our sales and also 4% on currency effect. The EBITDA decreased slightly from SEK 176 million to SEK 162 million. This quarter, operating profit EBIT showed a similar decline. Cash flow from operating activities was very strong at SEK 244 million versus SEK 101 million last year.
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