Interim report Q3 2023
“The third quarter results developed as expected, with sales of SEK 8.3 billion (8.4) and an adjusted EBITA margin of 8.7 percent (9.2). Our strategic focus on improving our cash flow has yielded strong results, as evidenced by adjusted cash conversion (LTM) of 95 percent and cash flow from operating activities of SEK 1,903 million (356) year-to-date. The leverage ratio was unchanged at 2.6x in this seasonally weaker quarter but we are well positioned to reduce it in the seasonally stronger fourth quarter”, says Daniel Kaplan, CEO of Storskogen.Third quarter (1 July-30 September 2023) ·