AddLife (ALIF) investor relations material

Executive summary

• Q3 net sales rose 7% to SEK 2,599m, with 4% organic and 3% acquired growth; adjusted EBITA increased 11% to SEK 298m and margin rose to 11.5% from 11.1%.

• Profit before tax increased 61%; operating cash flow rose 62% to SEK 236m from SEK 145m, supporting an accelerated acquisition pace.

Financial highlights

• Q3 profit after tax increased 56% to SEK 128m; EPS was SEK 1.05 versus SEK 0.66.

• Jan–Sep net sales increased 3% to SEK 7,965m; adjusted EBITA rose 6% to SEK 972m and margin reached 12.2% versus 11.9%.

• Jan–Sep profit after tax grew 28% to SEK 386m; EPS was SEK 3.15 versus SEK 2.47, while operating cash flow was SEK 505m versus SEK 504m.

• Gross margin improved on price management and a higher share of advanced products; elevated operating expenses reflected growth investments and acquisitions.

Outlook and guidance

• Management expects to build on positive operating development and favourable market trends in Q4; no numerical full-year forecast was stated.

• Acquisition activity is expected to remain high, supported by increased M&A resources and a structured, long-term pipeline.

• Three acquisitions during the interim period and one after it are expected to add annual net sales of ~SEK 350m.

• September order intake strengthened; management cited healthy UK order books and cautious optimism on UK activity.