AutoStore: Q1 2024 financial results
First quarter 2024 highlights (All comparisons to corresponding period in 2023) · Strong order intake of USD 183.0 million, up 11.4% YoY and up 11.7% QoQ · Driven largely by positive development in high throughput and MFC segments · Revenue of USD 138.1 million, -7.4% YoY, with lower shipments of large high throughput projects in line with expectations · Gross margin of 72.7%, driven by favorable product mix and price · Stable adj. EBITDA margin of 45.7% (45.8%) (Nedre Vats, 25 April 2024): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO), a robot technology company