Interim report January-June 2024: Investments for growth in a continued cautious market
Second quarter · Order intake decreased to 483 MSEK (698). · Net sales amounted to 588 MSEK (638). · EBIT was 60.1 MSEK (85.8). · EBIT margin was 10.2% (13.4). · Profit after tax amounted to 39.8 MSEK (57.9). · Earnings per share reached 1.37 SEK (2.00). · Free cash flow doubled to 60.1 MSEK (30.3). · The Westermo business entity took a first large train order for the Indian market. · The business entity Westermo acquired a minority stake in Blu Wireless Technology and gets access to unique technology for connected trains. First half-year · Order