Business
NOTEK: Strong nine-month growth, strategic acquisition, and improved financial position drive expansion
NOTEK: Strong nine-month growth, strategic acquisition, and improved financial position drive expansion
About this update from Norditek Group Ab
Revenue grew 7.7% in Q3 and 60% for the nine months, with strong order intake and improved margins. Acquisition of TePa and a 13.4 MSEK share issue support expansion and innovation, while net debt/EBITDA improved to 1.4x.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.