Q3: Strong on all items
Order intake was SEK 241m in Q3, up 33% y-o-y, while sales was SEK 224m, up 12% y-o-y (11% org.), as the Energy & Environment segment grew 37% organically. Adj. EBITA was SEK 22m (17m) for a margin of 9.8% (8.7%), marking a record for the company. The profitability improvement was driven by the E&E segment, which delivered a margin of 17.1%, while the Technology & Distribution segment had a margin of 6.8%. Adj. net income was SEK 14m (12m), for a margin of 6.4% (6.0%), which converted into adj. EPS of SEK 0.77 (0.64). The lease adj. FCF of SEK 33m (10m) was also very strong, boosted by SEK 12m (-6m) in NWC release.