Business
LIFCO_B: Acquisitions drove sales and EBITA growth, but profit declined amid weak organic demand
LIFCO_B: Acquisitions drove sales and EBITA growth, but profit declined amid weak organic demand
About this update from Lifco Ab Class B
Net sales grew 4.6% to SEK 12.7bn in H1 2024, driven by acquisitions, while organic sales declined. EBITA rose 2.5%, but net profit fell 2.9% due to higher interest expenses. Cash flow and Systems Solutions performance improved, while Demolition & Tools faced headwinds.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.