Inission AB (publ) has today, November 8, released its interim report for the period July 1 – September 30, 2024.
The full report: Inission AB Q3 2024 Interim report.pdf
At 09:00 today, November 8, 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 assistance from Henric Hintze of ABG Sundal Collier. The presentation will be held in English.
The live presentation can be accessed via Inission’s website.
Q3 (July 1 – September 30, 2024) in summary:
- Order intake increased by 6 MSEK compared to the same period last year, amounting to 464 MSEK (458)
- Sales decreased, excluding acquisitions, organically by 16%, amounting to 468 MSEK (515)
- Operating profit amounted to 25.8 MSEK (44.3)
- Inventory value decreased by 29 MSEK in the quarter and has decreased by 130 MSEK since the third quarter of last year (excl. AXXE)
- A continued strong equity ratio of 37.8% (36.2%)
- Earnings per share amounted to 0.6 SEK (1.4)
The Board of Directors of Inission AB submits this interim report on 2024-11-07. This report has been reviewed by the Group’s auditors. It has been prepared in an original Swedish version and an English translation. In the event of any discrepancies between the two, the Swedish version shall prevail. Rounding 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 November 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