Q4 2023 Lifco AB (publ) Earnings Call Transcript
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Thank you, and good morning, everyone. Welcome to our Q4 conference call.
We can directly move into page number 2 in our investor presentation and just on a very high-level look at the group's financial performance, where we had net sales growth in the quarter of 7%, we had an EBITA growth of 13%, obviously, leading to better margins. And then if we then look at the full-year numbers, we grew sales with 13.5%, and EBITA with 21.5%.
If we look at the quarter specifically, we had an organic decline in sales of around 5%. We will come back in a little bit later to reasons find out. We had a positive effect from foreign exchange of 2.5% and acquisitions contributed with 10% in the quarter. If you look at the full-year numbers, the organic sales development was flat and that we had a positive effect from foreign exchange of 4%, acquisition help with 10%. And we had a slight negative effect from a divestment that took place in Q1 2022 of minus 1%.
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