Arjo’s year-end report January-December 2024
”We close the year with a solid fourth quarter with growth and increased profitability. We have a strong foundation to stand on and enter 2025 with positive momentum in key markets such as the US and UK. In parallel, we remain committed to our efforts for continued profitability improvements moving forward,” says Niclas Sjöswärd, Interim President & CEO of Arjo.
October-December 2024 in brief
· Net sales increased to SEK 2,989 M (2,879). Net sales grew organically by 3.1%. · The gross margin was 44.7% (45.3). · Adjusted EBITDA increased 6.5% to SEK 653 M (614). ·
”We are ending 2023 with healthy growth, significantly improved earnings and strong operating cash flow. During the year considerable focus was put on profitable growth in a market characterized by stabilization and recovery. We are now continuing our efforts to further strengthen our positions during 2024 and beyond,” says Joacim Lindoff, President and CEO of Arjo.
October-December 2023 in brief
· Net sales increased to SEK 2,879 M (2,686).Net sales grew organically by 4.9%. · Adjusted EBITDA increased 27.6% to SEK 614 M (481). · Adjusted operating profit increased 52.4% to