• Net sales increased by 7 percent and amounted to SEK 4,960 million (4,653).
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 7 percent and amounted to SEK 674 million (630) corresponding to an EBITA margin of 13.6 percent (13.5). 
• Operating profit increased by 5 percent and amounted to SEK 564 million (536) corresponding to an operating margin of 11.4 percent (11.5).
• Profit after tax increased by 4 percent and amounted to SEK 401 million (387) and earnings per share before/after dilution amounted to SEK 1.45 (1.40).

• Net sales increased by 11 percent and amounted to SEK 14,928 million (13,447). 
• Operating profit before amortisation of intangible non-current assets (EBITA) increased by 18 percent and amounted to SEK 2,097 million (1,782) corresponding to an EBITA margin of 14.0 percent (13.3). 
• Operating profit increased by 18 percent and amounted to SEK 1,777 million (1,507) corresponding to an operating margin of 11.9 percent (11.2).
• Profit after tax increased by 13 percent and amounted to SEK 1,240 million (1,093) and earnings per share before/after dilution amounted to SEK 4.45 (3.90). For the latest twelve month period earnings per share before dilution amounted to SEK 6.10 (5.10) and after dilution to SEK 6.10 (5.05).
• Return on working capital (P/WC) amounted to 68 percent (65).
• Return on equity amounted to 29 percent (31) and the equity ratio amounted to 38 percent (35).
• Cash flow from operating activities amounted to SEK 1,894 million (1,100). For the latest twelve month period, cash flow per share from operating activities amounted to SEK 10.05 (5.25).
• Since the start of the financial year nine acquisitions have been completed, with total annual sales of about SEK 800 million.

CEO's comments
We summarise a stable quarter with continued high demand. Overall sales increased by 7 percent, 2 percent of which was organic. Our focus on increased added value, a favourable product mix and good acquisition outcomes, gave EBITA growth of 7 percent with a strengthened EBITA margin of 13.6 percent (13.5). Cash flow strengthened over the quarter and we welcomed three new profitable companies, with strong niche positions, into the Group. Despite a challenging international situation, our entrepreneurial companies again showed their strength.

For the full CEO comment, please see the Interim Report.

Stockholm, 7 February 2024

This information is information that Addtech AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 8.15 a.m. CET on 7 Februay 2024.

A phone conference and webcast will be arranged in relation to the report, at 10.00 a.m.

For participation in the conference:
Phone: Register on the link https://conference.financialhearings.com/teleconference/?id=5008178
Webcast: https://ir.financialhearings.com/addtech-q3-2024

For further information, please contact:
Niklas Stenberg, President and CEO, +46 8 470 49 00 
Malin Enarson, CFO, +46 705 979 473

Addtech in brief
Addtech is a technical solutions group that provides technological and economic value added in the link between manufacturers and customers. Addtech operates in selected niches in the market for advanced technology products and solutions. Its customers primarily operate in the manufacturing industry and infrastructure. Addtech has about 3,900 employees in more than 150 subsidiaries that operate under their own brands. The Group has annual sales of more than SEK 18 billion. Addtech is listed on Nasdaq Stockholm.