DistIT: Solid cost control amid challenging conditions - ABG

Sales SEK 344m -9% vs. ABGSCe 377m
EBIT adj. for FX and cyberattack ~SEK -3m vs. ABGSCe -11m
Cons. EBIT likely to come up slightly on cost beat


Q3'24 results

Q3'24 sales came in at SEK 344m (9% below ABGSCe SEK 377m). EBIT adj. for FX and the cyberattack came in at ~SEK -3m (vs. ABGSCe SEK -11m). On a segment basis, Aurdel performed in line with expectations when we consider adjusted metrics, and so did Septon. EFUEL was somewhat softer than we expected on sales but somewhat better on costs, leading to a beat on EBIT. DistIT generated operating cash flow of ~SEK 19m, driven by a working capital release of SEK ~21m.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/distit/Equity-research/2024/11/distit---solid-cost-control-amid-challenging-conditions-/