Significant profitability growth and strong working capital improvement
Crayon Group Holding ASA today reported its third-quarter results,delivering significant profitability growth. The adjusted EBITDA was up 66percent, and the working capital improved by 748 million NOK. The gross profitincreased by 14 percent.“I am pleased to present a quarter characterized by strong, profitable growth,higher margins and significant improvement in working capital, despite a morecautious market than expected. With our differentiated and scalable businessmodel, we are well positioned to take full advantage of the growth opportunitiesahead,” said Crayon Group CEO