- Strong order intake, an increase of 10% organically
- Revenue increased by 7% organically
- EBITA adjusted increased by 26%
- Acquisition of Tall Crane Equipment and Tractel
Third quarter
– Order intake increased by 25% to MSEK 1,086 (872) with an organic increase of 10%
– Strong growth in order intake in Facade Access of 57%, Construction of 20% and in Industrial of 24%
– Revenue increased by 21% to MSEK 1,095 (902) with an organic increase of 7%
– EBITA adjusted increased to MSEK 150 (119), margin 13.7% (13.2)
– EBITA as reported, amounted to MSEK 118 (119) including non-recurring items of MSEK -32 (0) taken in the quarter, mainly transaction related costs
– Earnings per share, basic and diluted, increased to SEK 1.43 (1.37)
– Cash flow from operations was MSEK 134 (244) impacted by increased trade receivables
– Acquisition of Tall Crane Equipment closed, approximately MSEK 200, net of cash
January – September
– Order intake increased by 18% to MSEK 3,388 (2,860) with an organic increase of 7%
– Revenue increased by 15% to MSEK 3,109 (2,699) with an organic growth of 4%. Service revenue increased by 10% organically
– EBITA adjusted increased to MSEK 398 (339), margin 12.8% (12.6)
– EBITA as reported, increased to 366 (339) including non-recurring items of MSEK -32 (0), mainly transaction related costs
– Earnings per share, basic and diluted, increased to SEK 4.55 (3.97)
– Cash flow from operations was MSEK 207 (507) impacted by increased trade receivables, inventory build-up and increased contract assets
– Dividends of MSEK 176 (162) paid in May
Telephone conference / Presentation
A telephone conference for investors, analysts and financial media will be held at 09.00 CET on Tuesday, October 20, 2022. President and CEO Ole Kristian Jødahl and Chief Financial Officer Thomas Hendel will present and comment on the report. The presentation, held in English, can also be followed via audiocast.
To participate by phone – please call:
SE: +46 8 505 246 90
UK: +44 20 3481 4247
US: US: +1 (646) 307-1963
If needed, please state conference-ID 8868713 or Alimak Group
Link to audiocast:
https://streams.eventcdn.net/alimak/q32022/
For more information, please contact:
Thomas Hendel, CFO, Alimak Group, +46 8 402 14 40
This information is information that Alimak Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 08.00 CET on October 20, 2022.
About Alimak Group
Alimak Group is a world-leading provider of vertical access solutions for professional use, listed on Nasdaq OMX Stockholm. With presence in more than 100 countries, the Group develops, manufactures, sells and services vertical access solutions with focus on adding customer value through greater safety, higher productivity and improved cost efficiency. Alimak Group's products and solutions are sold under the brands Alimak, CoxGomyl, Manntech, Avanti and Alimak Service. The Group has an installed base of around 70,000 elevators, hoists, platforms, service lifts and building maintenance units around the world. Founded in Sweden 1948, the Group has its headquarters in Stockholm, 10 production and assembly facilities in 8 countries and 2,030 employees around the world https://corporate.alimakgroup.com