Business
ALLIGO_B: Acquisitions drove modest revenue growth, but margins fell amid weak SME demand and market headwinds
ALLIGO_B: Acquisitions drove modest revenue growth, but margins fell amid weak SME demand and market headwinds
About this update from Alligo Ab Class B
Revenue grew 1% in Q3 2024, driven by acquisitions, but EBITDA and margins declined due to weak demand and unfavorable customer mix. Eight acquisitions, especially in welding, boosted sales, while cost controls and new service offerings support resilience. Market remains challenging but shows early signs of stabilization.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.