Oct 24, 2024 / 11:30AM GMT
Jenny Sjoedahl - Ependion AB - President, Chief Executive Officer
Thank you very much. Welcome, everybody, to this quarter three presentation. As usual, we have Joakim Lauren; and myself, Jenny Sjoedahl, sitting here in Malmo for this call today. The agenda is the usual one. I will start with the general business update, then Joakim will dig deeper into our financial performance. And then I will give some concluding notes and outlook. And then after that, we open up for Q&A.
So summarizing quarter three of 2024. We can see that the challenging demand situation that we have been seeing now for quite some time remains. We see a relatively weak demand still in the marketplace in basically all our key segments, which is affecting our order bookings and sales.
So the trick now really that we have been focusing a lot on is really to balance the forward-looking activities that we are doing, such as our investments in the India market for Westermo with short-term cost reductions to balance the lower sales volumes.
When we look at the order intake, we see similar order levels as
Q3 2024 Ependion AB Earnings Call Transcript
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