Inission AB (publ) has today, 8 May, released its interim report for the period 1 January – 31 March 2024.
The report in its entirety: Inission AB Q1 2024.pdf
In connection with the report and the annual general meeting, Inission invites investors, analysts and media to a live broadcast today, May 8 at 17:00 CET. During the presentation, Inission’s CEO Fredrik Berghel will comment on the published report. The presentation is held in English. Afterwards, the presentation will be available on Inission’s website under Investor relations.
The live broadcast can be accessed via inission.com
1 January – 31 March 2024 in summary:
Net sales MSEK 581 (565)
EBITA* result MSEK 51.9 (44.8)
Operating profit EBIT MSEK 51.0 (44.0)
Cash flow from operating activities MSEK -19,5 (14,7)
Equity ratio 37% (28%)
Earnings per share before dilution SEK 1.65 (1.43)
Earnings per share after dilution SEK 1.65 (1.42)
* EBITA – operating profit adjusted for amortization of intangible assets arising from acquisitions.
The Board of Directors of Inission AB submits this Interim Report 2024-05-08. This report has not been reviewed by the Company’s auditor. The report has been prepared in a Swedish original and an English translation. In the event of any discrepancies between the two, the Swedish version is to apply. Rounding-off differences may occur.
For more information:
Fredrik Berghel, CEO Inission AB
fredrik.berghel@inission.com
+46 732 02 22 10
This information is information that Inission AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted, through the care of the above contact person, for publication at 07:00 CET on May 8, 2024.
About Inission
Inission is a total supplier of customized manufacturing services and products in advanced industrial electronics and mechanics. Our services cover the entire product life cycle, from development and design to industrialization, volume production and aftermarket services. Inission has operations in Sweden, Norway, Finland, Estonia, Italy, the USA, and Tunisia. Inission has a strong value-driven corporate culture of entrepreneurship and passion, which has 2023 resulted in a turnover of approx. SEK 2,2 billion with approx. 1 100 employees. Inission is listed on Nasdaq First North Growth Market. Inission’s offer is divided into two business areas; Contract manufacturing of electronic and mechanical products under the brand Inission and Power electronics and systems under the brand Enedo. Reports are archived at www.inission.com/en.
Inission AB, Lantvärnsgatan 4, 652 21 Karlstad
company registration number 556747–1890