Q2 sales reached SEK 980 million, with flat organic growth and a SEK 35 million negative currency effect; underlying profitability at 9.6–10.3% and operating profit at SEK 101 million, reflecting stable performance.
Earnings per share increased 7% year-over-year to SEK 2.65; net debt at SEK 117 million, reflecting a strong financial position.
Cash position at SEK 634 million, the second best in company history, with operational cash flow after investments at SEK 214 million for H1.
Order backlog increased 6% sequentially from Q1, though down 1% year-over-year, indicating improving but cautious demand.
Dividend of SEK 7 per share (SEK 199.4 million) was paid in Q2, fully offset by strong cash generation.
Underlying EBIT margin at 9.6% for Q2 and 9.8% year-to-date; Q2 operating margin at 10.3% and adjusted margin at 9.6%.
Q2 profit after tax was SEK 76 million; H1 profit after tax was SEK 141 million.
Q2 gross margin was 13.4%; H1 gross margin 13.3%.
Equity ratio remains robust at approximately 49%.
Net sales per employee for Q2: SEK 668,000; average number of employees: 1,467.
Full-year sales guidance narrowed to SEK 3.9–4.1 billion, adjusted downward due to SEK strength.
Marginal growth of 0–5% expected for 2024, with 5–10% growth anticipated in the second half; margins guided at 9.5–10.5%.
Order backlog supports positive outlook; growth expected in GreenTech, Security & Defense, and Industrial segments.
Q3 expected to be seasonally lower due to summer factory closures, with Q4 typically stronger.
Major investments in plant expansions in Torsby, Lund, and Finland to support future growth.
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Search for any keyword across all transcripts simultaneously.
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
The easiest way to stay updated during earnings season.
All events from public companies. Live and recorded.
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage