Vestum AbOMXSTO: VESTUM

VESTUM: Q3 2024 saw higher profitability and strong water segment growth, led by product companies

· Issued by Vestum AB

Profitability improved in Q3 2024 with an 11.5% adjusted EBITDA margin, driven by product companies now making up 50% of group EBITDA. Water segment demand remained strong, especially in the U.K., while free cash flow and leverage were managed despite acquisitions.

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