Addtech AB (publ.) (ADDT_B) Q4 2024 Earnings Call

Investor webinar replay

Replay transcript excerpt

Thank you and most welcome to the Adtech's fourth quarter and year end result presentation. The setup is as usual that Mal and I will use approximately half an hour to give our comments to the results and then open up for questions. Starting up with just a very quick run through of the key fundamentals of Adtech. We are a group of 150 independent and strictly decentralized companies in 20 countries. with a clear business to business offering in our five business areas. The value proposition is centered around high tech products and solutions, primarily to the manufacturing and infrastructure sectors. We have a dual growth engine approach as a focus to develop and grow our business organically. together with our entrepreneurs in the companies, and then complement and strengthen the niches with acquisitions funded by our own cash flow. Size-wise, rolling 12, we have now a turnover of almost 22 billion SEK, and we're on the operations with an EBITDA margin of 15%, and we have around 4,300 employees in the organization. So over to the quarter, In summary, a strong end to a successful year. The activity remained high and we increased our net sales by 13% of which 2% was organic. We report an EBITDA growth of 15% with a margin of 15.3 compared to 15 in the same quarter last year. There are a number of different items affecting comparability here. So Malin will come back to elaborate on that a bit later. We strengthen our cash flow in a very satisfying way, both in the quarter, but also in the full year. And we acquired two companies during the quarter, followed by two more after closing. So the high pace of acquisitions continues. A bit more on net sales development. giving the continued challenging market situation in some key segments. It's very satisfying to see a broad...