Financial Update Q3 2022: Genexis Group AB
Genexis Group AB, former Inteno Group AB, continues to perform well in Q3 and through-out 2022. This despite a general concern related to the geopolitical situation, long lead times and increased prices in the supply chain due to the ongoing disruptions driven by the global component shortages.Genexis Group proforma revenue growth September YTD is 70.5% and for the third quarter 69.5% (QoQ). All markets and Business Lines are performing in line with expectations and budget, apart from the software business IOPSYS which is YTD September lagging behind revenue budget by 9.2% but ahead of last
