Midsona AB (FRA:9KF)
€ 0.653 0 (0%) Market Cap: 99.69 Mil Enterprise Value: 145.30 Mil PE Ratio: 51.30 PB Ratio: 0.57 GF Score: 62/100
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Q3 2024 Midsona AB Earnings Call Transcript

Oct 23, 2024 / 09:00AM GMT
Release Date Price: €0.762 (+0.40%)
Peter Ãsberg
Midsona - CEO

Thank you so much for attending this call. This is Peter Ãsberg speaking CEO of at the Midsona company.

As a top line summary, I would conclude that we took steps forward also in the third quarter, we deliver organic sales growth for the second quarter in a row. We do significantly strengthen our margins and also our operating results. That said we are on a journey and the steps taken so far are really only the first steps in our long term quest to reach our financial targets.

And before we go into the numbers, I would just like to make you aware that there might be certain forward-looking statements in this presentation and that such statements are subject to risk and uncertainty.

So let's dive into quarter three.

I would say that overall, we are reasonably happy with our progress in the quarter. Sales was slightly down due to currency effect, but we're still closing an organic sales growth of just below 3%.

Looking at EBIT before one of items we improved to SEK 32 million which should be compared to SEK 18 million last year.

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