Q3 results
Sales came in at SEK 41m (+5.2% vs. ABGSCe 39m, -0.6% vs. cons. 41m), +27% y-o-y (+30% org.). EBIT was SEK 9.4m (+5.2% vs. ABGSCe 8.9m), for a margin of +23% (ABGSCe +23%). EBIT adj. was SEK 11m (+2.8% vs. ABGSCe 11m), for a margin of +27% (ABGSCe +28%). EPS came in at SEK 0.65 (0% vs. ABGSCe), +9% y-o-y. FCF lease adj. came in at SEK 10m (-37% vs. ABGSCe 17m), -39% y-o-y. During the quarter Markus Jönsson formally took office as CEO of I-Tech. In connection with this, the company experienced extra costs and an increase in personnel expenses. Despite this, the company maintained its high margin.
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