Strengthened profit and stabilized order intake
Inwido achieved its best result in a third quarter to date despite a continued challenging market.In the third quarter, operating EBITA increased to SEK 308 million (297). The operating EBITA margin increased to 13.2 percent (12.5). The work to reduce production costs continued in the right direction which, combined with price increases, boosted the gross margin.
”Investments in new construction remained restrained and also on the consumer side we experienced a more cautious trend. Nonetheless, we managed to improve order intake by 3 percent, including the acquisition of Sidey Group. We
Kiilto Ventures invests in Voltan Energy , a Finnish scaleup that designs, constructs, finances and operates geothermal energy infrastructure. Compared to traditional heating sources, Voltan’s energy solutions provide a cost-effective, emission-free alternative for residents and building owners.Today, district heating is the largest source of emissions in many Finnish large cities. For example, about 60% of Helsinki’s direct carbon dioxide emissions originate from the production of district heating
