ANOTHER STRONG QUARTER OF GROWTH FOR MARSHALL GROUP
Marshall Group continued to deliver profitable growth in the third quarter of 2023 with net sales increasing 31 percent compared to the same period last year. Consolidated net sales amounted to MSEK 974.4 (744.3) in the quarter and adjusted operating profit increased to MSEK 236.6 (77.8), equivalent to an adjusted operating margin of 24.3 percent (10.3%).Q3 2023 marks 11 consecutive quarters of sustained growth for Marshall Group with the company reshaping its business model to counteract the historical seasonality of the industry and drive the premium positioning of the Marshall brand.