Formpipe: Solid ACV, improved margins - ABG

Sales +5% y-o-y, -6% vs. ABGSCe on lower delivery sales
11% adj. EBIT margin (vs. 5% in Q3'22)
Cons. to trim '24e-'25e EBIT low single digit


Q3 results

Sales SEK 124m (-6% vs ABGSC SEK 131m), EBITDA SEK 28m (-6% vs ABGSC SEK 29m), EBIT SEK 12m (-12% vs ABGSC SEK 13m), Adj. EBIT SEK 13m (-1% vs ABGSC SEK 13m), Net profit SEK 9m (10% vs ABGSC SEK 8m).

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/formpipe/Equity-research/2023/10/formpipe---solid-acv-improved-margins/