Q3'24 outcome
The Q3 report was in line with expectations and there were no significant surprises. Q3 sales came in at SEK 1,978m (+2% vs ABGSCe 1,941m, +1% vs cons 1,955m), organic growth 10% (vs 9.0% ABGSCe; vs 8.5% cons), gross margin at 30.7% (vs ABGSCe 31.4%, vs cons 31.5%) and adj. EBITA at 154m (+3% vs ABGSCe 150m, +1% vs cons 153m). Importantly, the company's gross margin improvements are now beginning to materialise in an improved EBITA, and that is positive given the company's capacity-increasing investments in opex.
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