Q2 2024 Addtech AB Earnings Call Transcript
Good morning. This is the conference operator. Welcome, everyone, to Addtech's Second Quarter Report Presentation. (Operator Instructions)
At this time, I would like to turn the conference over to Niklas Stenberg, CEO; and Malin Enarson, CFO of Addtech. Please go ahead.
()- -
Good morning, and welcome, everyone, to this webcast. We will summarize the quarter and also the first 6 months of this year and then go over to Q&A. And if we start with just some brief highlights. The customer activity remains high. There are variations between the segments. But overall, the market situation is stable, and we see no signs of a general slowdown as we write in the report.
Net sales is up 10%, of which 1% organic. I will come back to that. The result grew with a very satisfying 25%, and we continue to grow the margins. 14.9% compared to 30.2% same period last year. And adjusting for unrealized FX gain, the margin was 14.3%, still on a record high
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
