Q1'24 impressions
Nilörngruppen reports Q1'24 sales of SEK 242m (+7% vs. ABGSCe 226m), gross profit SEK 105m (+10% vs. ABGSCe 96m), EBIT SEK 22.5m (+11% vs. ABGSCe 20m), net profit SEK 17m (+21% vs. ABGSCe 14m). Order bookings came in at SEK 233m, implying an increase of +5% y-o-y. As the order bookings continue to normalise, visibility increases. The gross margin was once again better than we had anticipated, yet still within a historical range.