Business
VESTUM: Q3 2024 saw higher profitability and strong water segment growth, led by product companies
VESTUM: Q3 2024 saw higher profitability and strong water segment growth, led by product companies
About this update from 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.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.