Inission AB (publ) has today, August 27, released its interim report for the period April 1 – June 30, 2024.
The report in its entirety: Q2 2024 interim report.pdf
At 09:00 CET today, August 27, we welcome analysts, investors, media and other stakeholders to participate in a live presentation of the interim report. During the presentation, Inission’s CEO Fredrik Berghel will comment on the published report and answer questions with the help of Henric Hintze from ABG Sundal Collier. The presentation is held in English.
The live broadcast can be accessed via Inission’s website.
Q2 (1 April – 30 June 2024) in summary:
Net sales MSEK 570 (562)
EBITA* result MSEK 28.6 (41.2)
Operating profit EBIT MSEK 27.7 (40.3)
Cash flow from ongoing operations MSEK -3.6 (46.4)
Equity ratio 37% (33%)
Earnings per share before dilution SEK 0.65 (1.21)
Earnings per share after dilution SEK 0.65 (1.21)
H1 (1 January – 30 June 2024) in summary:
Net sales MSEK 1 151 (1 127)
EBITA* result MSEK 80.5 (86.0)
Operating profit EBIT MSEK 78.8 (84.3)
Cash flow from ongoing operations MSEK -23.0 (61.1)
Equity ratio 37% (33%)
Earnings per share before dilution SEK 2.30 (2.67)
Earnings per share after dilution SEK 2.29 (2.66)
* EBITA – operating profit adjusted for amortization of intangible assets arising from acquisitions.
The Board of Directors of Inission AB submits this Interim Report 2024-08-27. 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 August 27, 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