Addtech reports year-end financial results with record margin
Sales rose 4% (2% organic), EBITA grew 12%, and earnings per share increased 14%.
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Swedish publicly listed technical solutions group
addtech.comLast updated
In short: Addtech achieved record EBITDA margins and maintained a robust acquisition pace despite mixed market conditions in its latest financial reports.
Sales rose 4% (2% organic), EBITA grew 12%, and earnings per share increased 14%.
The Dutch company employs 60 people and will strengthen Addtech's system security business unit.
RAMME is a German manufacturer of electric motors for maritime electrification, strengthening Addtech's position in electrification.
Cubro, with 37 employees in Vienna, specializes in monitoring and security solutions for European telecom and data centers.
Addtech AB (ADDHY) reports a robust quarter with a record high EBITDA margin, strategic acquisitions, and strong cash flow, despite challenges in the energy sector...
Investing.com -- Addtech on Thursday reported third-quarter results that exceeded analyst expectations on profitability, despite sales coming in slightly below forecasts. The Swedish industrial technology...
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Addtech AB (ADDHY) reports a robust 13% net sales increase and continues its acquisition strategy despite challenges in the automation and construction sectors.
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