MARSHALL GROUP CONTINUES TO DELIVER PROFITABLE GROWTH IN THE SECOND QUARTER
Marshall Group continued its strong revenue and profit growth journey into the second quarter of 2023 with net sales increasing 32 percent compared to the same period last year. Consolidated net sales amounted to MSEK 956.8 in the quarter and adjusted operating profit increased to MSEK 134.5 (45.3), equivalent to an adjusted operating margin of 14.1 percent, up from 6.3 percent last year.The second quarter of 2023 represents the first quarter with the company reporting consolidated sales after the acquisition of Marshall Amplification earlier this year, with the amps business in the books