Q3 results
Sales came in at SEK 224m (+1% vs. ABGSC 221m), +12% y-o-y (+11% organic). EBITA was 22m (+37% vs. ABGSC 16m), and adj. EBITA was 22m (+37% vs. ABGSC 16m) for a margin of +10% (ABGSC +7%). Adj. net income was 14m (+38% vs. ABGSC 10m) for a margin of +6% (ABGSC +5%). The company produced strong lease adj. FCF of 33m, +225% y-o-y. Q3 was another strong quarter, the fourth in a row to deliver on management's promise of improved profitability. The order intake of SEK 241m was up 33% y-o-y. The EBITA beat was driven by strong performance in the Energy & Environment segment.
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