Business
ALLIGO_B: Acquisition-driven growth offset weak demand, but margins and EBITA declined in Q2 2024
ALLIGO_B: Acquisition-driven growth offset weak demand, but margins and EBITA declined in Q2 2024
About this update from Alligo Ab Class B
Q2 2024 saw revenue rise 1.8% year-over-year to 2,432 MSEK, driven by acquisitions, but adjusted EBITA fell 17.4% amid weak market conditions and margin pressure. Seven acquisitions strengthened the Nordic welding position and expanded the store network.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.