Oct 22, 2024 / 07:00AM GMT
Per Waldemarson - Lifco AB(publ)-President - Chief Executive Officer, Director
Good morning, and welcome, everyone. We can, as usually, move directly into Page #2 in our investor presentation and take a look at the numbers for the Lifco Group as a whole. And the overall message remains very much the same as we have mentioned in previous quarters. We are still facing, what I would say, less favorable market conditions in our demolition & tools business area due to the continued weak end market in construction and demolition markets.
And as a whole then, in the third quarter, we have on the total group level a small positive organic growth in sales of 2%, and the exchange rate had a negative effect on sales with about 3%. Acquisitions added around 8% in the quarter on the sales numbers.
So in summary, we can conclude that the continued organic decline in demolition & tools is basically offset by acquisitions made during the previous year and some organic sales growth in dental and systems solutions. We'll come back to that in a few moments
Q3 2024 Lifco AB (publ) Earnings Call Transcript
Oct 22, 2024
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