Momentum

Third quarter 2024

• Revenue increased by 20% to SEK 694 million (580), of which 3% for comparable units.
• Operating profit rose by 26% to SEK 78 million (62), corresponding to an operating margin of 11.2% (10.7).
• EBITA increased by 27% to SEK 89 million (70), corresponding to an EBITA margin of 12.8% (12.1).
• Profit for the quarter amounted to SEK 55 million (44), corresponding to earnings per share of SEK 1.05 (0.85).

January–September 2024

• Revenue increased by 30% to SEK 2,128 million (1,631), of which 3% for comparable units.
• Operating profit rose by 25% to SEK 220 million (176), corresponding to an operating margin of 10.3% (10.8).
• EBITA increased by 29% to SEK 252 million (195), corresponding to an EBITA margin of 11.8% (12.0).
• Profit for the period amounted to SEK 152 million (129), corresponding to earnings per share of SEK 2.95 (2.60).
• The return on working capital (EBITA/WC) was 60% (60).
• The equity/assets ratio was 33% (33) at the end of the period.
• As of 30 September 2024, the number of repurchased shares of series B amounted to 1,053,766.
• As of 1 January 2024, the business is divided into the two business areas Industry and Infrastructure.
• During the first quarter, PW Kullagerteknik was acquired. During the second quarter, KmK Instrument, Hydjan, WH-Service, Sikama, ZRS Testing Systems and Minrox were acquired.

Events after the end of the period

• No significant events have occurred after the end of the period.

A quarterly presentation is available on the company’s website, momentum.group, where Ulf Lilius, CEO and Niklas Enmark, CFO present the report and provide an update on operations.