Order intake decreased by 8% to MSEK 1,729 (1,870), an organic decrease of -7%
Revenue decreased by 1% to MSEK 1,736 (1,745), and was flat organically
Adjusted EBITA margin of 16.4% (16.6%)
Cash flow from operations increased to MSEK 214 (108)
January – March
Order intake decreased by 8% to MSEK 1,729 (1,870), mainly due to the lower order intake in the Facade Access division. The order intake was on par with revenue in the quarter.
Revenue decreased by 1% to MSEK 1,736 (1,745). The Industrial division delivered strong growth, while the Construction division reported lower revenue due to the soft order intake in the fourth quarter 2023.
EBITA adjusted for the period was MSEK 285 (289), corresponding to a margin of 16.4% (16.6). Despite the significantly lower margin in the Construction division, the Group reported a stable margin level.
EBITA as reported, amounted to MSEK 281 (286) including items affecting comparability of MSEK -4 (-3) that are mainly related to the transformation activity in the Facade Access division.
EBIT amounted to MSEK 228 (248).
Basic earnings per share was SEK 1.24 (1.72), and diluted SEK 1.24 (1.72).
Cash flow from operations increased to MSEK 214 (108).
Net debt/EBITDA amounted to 2.25 (3.72).
Telephone conference/presentation A conference for investors, analysts and financial media will be held at 10.00 CEST on Thursday 25 April. CEO Ole Kristian Jødahl and CFO Sylvain Grange will present and comment on the report. The presentation, held in English, can also be followed via webcast.
If you wish to participate via webcast, please use the link below. Via the webcast you will be able to ask written questions.
If you wish to participate via teleconference, please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference.
Alimak Group publ AB is a Sweden-based company active in industrial equipment sector. It offers vertical access solutions to customers in the construction industry, as well as other sectors. The Company develops and manufactures construction hoists, industrial elevators, mast climbing work platforms, transport platforms and material hoists. It operates in four business segments: Construction Equipment, which designs, develops, manufactures and distributes lifts for temporary installation; Industrial Equipment, providing lifts for permanent installations; Rental, offering renting and service of the Companyâs equipment; and After Sales, comprising service, spare parts, upgrades and trainings. Its product lines are Alimak, Champion, Heis-Tes and Hek. The Company is active in Norway, France, Germany, the United Kingdom, Korea, Singapore, Malaysia, Italy, Spain, China, the United States, Brazil and India, among others.