Q3 2024 Vimian Group AB Earnings Call Transcript

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Oct 24, 2024

Oct 24, 2024 / 07:00AM GMT
Operator

Welcome to the Vimian Group Q3 report 2024. (Operator Instructions) Now, I will hand the conference over to the speaker's CEO, Patrick Erickson; CFO, Carl Johann Zetterberg Boudrie. Please go ahead.

Patrik Eriksson - Vimian Group AB - Chief Executive Officer

Thank you, very much and good morning, and thank you for joining our third quarter earnings call. We're going to jump straight into it today and maybe look at some of the highlights from the third quarter. We continue to show a double-digit organic growth and margin expansion in the quarter. We had a strong adjusted EBITDA growth, and we improved our cash flow from our operations, and we passed an important milestone when we entered into an adjacent and addition, MedTech niche.

When we acquired business in the dental space there, I want to go through a little bit more in detail on what was driving these results. So, first of all, a 10% organic revenue growth and it's driven by our specialty Pharma and our med and our veterinary services segments, which both showed very strong growth, and our

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