Q3 2023 Lifco AB (publ) Earnings Call Transcript
Welcome to the Lifco Q3 Report 2023. (Operator Instructions)
Now I will hand the conference over to CEO, Per Waldemarson; and CFO, Thérese Hoffman. Please go ahead.
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Thank you. Good morning, everyone. This is Per Waldemarson, CEO of Lifco.
And we will jump directly into Slide #2 in our investor presentation, and go through the numbers -- the high-level numbers for the whole group for the third quarter. And if we start by looking at the sales numbers, we have a growth of about 17% in the quarter. And that is built up by acquisition growth of 11%. We have a positive effect of foreign exchange of about 6%, and we have a slight negative organic development of just below 0% or negative area.
If we then go further and look at EBITA, we have a solid development of 23% growth and also a very strong margin development actually ending up at 1.2 percentage points higher than last year. We also, despite higher interest rate costs, as you
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