Improved margins and strong cash flow
We can look back on a stable third quarter, with good results from our profitability improvement work, which has strengthened earnings and margins in five of our six platforms. It is particularly pleasing to see
Andreas Stenbäck, President and CEO
For the full CEO-comment, see the Interim report in its entirety.
Quarter July–September 2023
- Net sales declined by 7 percent to
SEK 1,847 (1,977) million - EBITA declined by 6 percent to
SEK 191 (203) million - Profit after tax declined by 19 percent to
SEK 101 (125) million - Earnings per ordinary share fell by 21 percent to
SEK 1.03 (1.30) - Electricity support of
SEK 12 million was received during the quarter - The acquisition of
Gunnar Prefab AB – a leading producer of prefabricated concrete products primarily for infrastructure – for the S:t Eriks platform was completed on 6 September
Period January–September 2023
- Net sales increased by 3 percent to
SEK 5,987 (5,822) million - EBITA increased by 13 percent to
SEK 599 (531) million - Profit after tax amounted to
SEK 328 (329) million - Earnings per ordinary share increased by 1 percent to
SEK 3.40 (3.36)
Events after the reporting period
- No significant events have taken place after the end of the reporting period
Conference call
CEO
Telephone number to participate in the conference call: +46 8 5016 3827 (then dial meeting ID: 893 8043 0639). To ask questions to the CEO/CFO, please press *9 on your phone. To withdraw the question, you can do so by pressing *9.
Link to the webcast: https://www.finwire.tv/webcast/volati/q3-2023/
The presentation and webcast will be available on www.volati.se after the conference call.
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