Addtech AB (publ.) (ADDT_B) Q3 2024 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.416 Thank you and most welcome everyone to Adtech's third quarter report 00:00:05.416 -- 00:00:07.217 presentation. 00:00:07.217 -- 00:00:12.262 As usual, we will spend approximately 15-20 minutes to summarize and 00:00:12.262 -- 00:00:17.366 give our comments on the results and then followed by a Q&A session. 00:00:17.366 -- 00:00:21.310 Let's start with some highlights from the quarter. 00:00:21.310 -- 00:00:26.575 Overall, the activity in the quarter remained high and we increased our sales by 11%, 00:00:26.575 -- 00:00:29.950 of which 3% were organic. 00:00:29.950 -- 00:00:35.576 We report a very satisfying EBITDA growth of 17% and increased 00:00:35.576 -- 00:00:40.602 our margins to 14.4%, comparable with 13.6% same 00:00:40.602 -- 00:00:43.125 quarter last year. Our 00:00:43.125 -- 00:00:48.150 cash flow remained on good levels and we kept the high pace of acquisitions in the quarter, 00:00:48.150 -- 00:00:50.593 now totaling 11 acquisitions 00:00:50.593 -- 00:00:56.849 during the fiscal year, adding a total of 1.4 billion SEC in sales. 00:00:56.849 -- 00:01:02.573 So in conclusion, a strong result in a quite demanding environment. 00:01:03.336 -- 00:01:08.462 A bit more on the sales. Despite calendar effects and the weaker sentiment 00:01:08.462 -- 00:01:13.607 in some customer segments, it's very satisfying to see that all of our five business 00:01:13.607 -- 00:01:18.633 areas contributing positively to the quarterly sales growth. 00:01:18.633 -- 00:01:24.239 As I said, 11% of which 3% organic with solid contributions 00:01:24.239 -- 00:01:27.140 from three of the business areas. 00:01:27.140 -- 00:01:32.171 So again, a quarter with good based sales on high level of activity, 00:01:32.171 -- 00:01:36.760 but with clear variat...