Nolato AB (OSTO:NOLA B)

kr 54.45 -0.15 (-0.27%) Market Cap: 14.67 Bil Enterprise Value: 15.85 Bil PE Ratio: 25.81 PB Ratio: 2.76 GF Score: 88/100

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kr55.9 (+6.58%)

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Q3 2024 Nolato AB Earnings Call Transcript

Oct 25, 2024 / 06:45AM GMT

Release Date Price: kr55.9 (+6.58%)

Transcript

Operator

Hello, and welcome to today's call with Nolato. Our CEO, Christer Wahlquist and CFO, Per-Ola Holmstrom, will present the report for the third quarter of 2024. After the presentation, there will be a Q&A. (Operator Instructions) And with that said, I hand over the word to you, guys.

Christer Wahlquist

Nolato AB - President, Chief Executive Officer

Thank you, and welcome to the presentation of the third quarter of the Nolato Group. This is Christer Wahlquist speaking. If we start on page 2 with a summary of the third quarter, we saw a quarter with an increased sales approximately 5%, and the growth was across both business areas.

We saw an increased EBITA that rose to -- rose by 22%, ending up at SEK235 million. That, of course, corresponds to an increased margin ended up at 9.8%, and we saw this situation in both our business areas. The strong financial position with relation EBITDA towards financial liabilities ended up at 0.6 times. This is enabling us to act together with customers and continue to build our global offering to the market.

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