Net sales growth 5.2% to SEK 2,213 (2,103) million
Organic growth essentially flat
Acquired growth of 7.0%
Key financials Q3 2023
Net sales
SEK 2,213million
EBITA
EBITA margin
SEK 177million
8.0%
Order backlog
SEK 6,682million
8
Segment Rest of Nordic Q3 development
Net sales growth 60.1% to SEK 1,098 (686) million
Organic growth 14.9%
Acquired growth of 42.1%
Significantly improved profitability
EBITA grew over 130% to SEK 68 (29) million, and EBITA margin improved to 6.2 (4.3)%
Key financials Q3 2023
Net sales
SEK 1,098million
EBITA
EBITA margin
SEK 68million
6.2%
Order backlog
SEK 2,519million
9
Acquisitions 2023
Company
Discipline
Segment
Est. Sales (SEKm)
1
Q1
Telepatrol Oy
Electrical
Rest of Nordic
48
2
Q1
Rörprodukter Montage Sverige AB
Heating & Plumbing
Sweden
24
3
Q1
Lysteknikk Entreprenør AS
Electrical
Rest of Nordic
325
4
Q1
Processus AB
Industry
Sweden
193
5
Q1
SMT Norrbotten AB
Industry
Sweden
40
6
Q1
Enter Ställningar AB
Industry
Sweden
340
7
Q2
Halvard Thorsen AS
Heating & Plumbing
Rest of Nordic
42
8
Q2
Elektro Västerbotten AB
Electrical
Sweden
50
9
Q3
URD Klima Sandnes AS
Heating & Plumbing
Rest of Nordic
85
Total
1,058
10
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Instalco AB published this content on 27 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2023 08:33:18 UTC.
Instalco Intressenter AB is a Sweden-based installation and service supplier within areas of heating and plumbing, electrical, ventilation, cooling and industrial solutions. The Company offers installation and regular repairs of district heating, plumbing replacement, new construction and preventive maintenance; design, installation, and maintenance of electrical installation; technical solutions and installation of ventilation solutions for air treatment, air conditioning and indoor climate; design, installation and maintenance of water sprinklers; industrial pipe systems, machinery installation and installations of cooling systems, as well as installation of switchgear, transformers, busbars and power stations, among others. The services are designed mainly for commercial premises, housing, public construction, warehousing, offices and retail trade, as well as process industries. The Company operates in Sweden, Norway and Finland through numerous subsidiaries.