Positive trend continues
CEO comment:
In the third quarter, the positive trend with margin improvements and stable organic growth continued. Demand was favourable and occupancy increased for Vardaga and Stendi in particular, which strengthened the margin. During the quarter, Vardaga opened a new nursing home,
Organic growth and increased earnings
In the third quarter, net sales rose 5 per cent to
Third quarter July-September
- Net sales rose 5 per cent to
SEK 3,355 million (3,187). Organic growth was 6 per cent and acquired/divested growth was -1 per cent. -
Operating profit (EBIT) totalled
SEK 360 million (333). -
EBITA was
SEK 383 million (359), representing a margin of 11.4 percent (11.3) . -
Profit for the period totalled
SEK 206 million (193). -
Earnings per share were
SEK 2.30 (2.04) before and after dilution. -
Cash conversion was 78.6 per
cent (56.2) . -
Free cash flow totalled
SEK 427 million (252).
Presentation of the interim report
In connection to the announcement,
Telephone conference
To participate the conference call, register before the call using the link below. Upon registration you will receive a dial-in number and a unique personal PIN code. https://register.vevent.com/register/BI36f6777743b34523bff372131d92fedf
The quarterly earnings report and associated presentation will be available on www.ambea.com
This disclosure contains information that
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https://news.cision.com/ambea/r/ambea-s-interim-report-july---september-2023,c3867556
https://mb.cision.com/Main/5048/3867556/2402556.pdf
https://news.cision.com/ambea/i/ambea-header-interimreport,c3234837
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