The installation company Instalco reported lower sales in the third quarter compared to the same period last year. Operating profit decreased.

Sales decreased 5.0 percent to SEK 3,144 million (3,310). Organic sales growth was -5.0 percent (3.0).

Ebita profit amounted to SEK 188 million (246), with an ebita margin of 6.0 per cent (7.4).

Operating profit was SEK 149 million (194), with an operating margin of 4.7 percent (5.9).

Profit before tax was SEK 106 million (179).

Profit after tax amounted to SEK 88 million (142), a decrease of 38.0 percent compared to the previous year.

Earnings per share amounted to SEK 0.32 (0.52), a decrease of 38.5 percent compared to the previous year.

Cash flow from operating activities amounted to SEK 119 million (119).

One acquisition was completed during the period with estimated annual sales of SEK 40 million.

Instalco, SEK millionQ3-2024 Q3-2023 Change in net sales
Net sales 3 144 3 310 -5,0%
Organic sales growth, percent-5,0 3,0
Ebita 188 246 -23,6%
Ebita margin 6,0% 7,4%
Operating profit/loss 149 194 -23,2%
Operating margin 4,7% 5,9%
Profit before tax 106 179 -40,8%
Net result 88 142 -38,0%
Earnings per share, SEK 0,32 0,52 -38,5%
Cash flow from operating activities 119 119 0,0%