NYAB AB’s Interim Report January-September 2024: Doubled order backlog and strong profit improvement
· Solid revenue growth and strong project execution · Improved operating margins and net profit · Favorable market conditions resulting in a record-high order backlog July-September in brief · Revenue amounted to EUR 93.6 (88.1) million, representing a change of 6.2%. In constant currencies, revenue growth was 4.2%. · Operating profit (EBIT) improved 35.4% and was EUR 8.9 (6.6) million, amounting to 9.5% (7.5%) of revenue. · Free cash flow was EUR -8.3 (-3.8) million. · Net debt/EBITDA was 0.06 (0.30). · Order backlog improved 108.4% and amounted to EUR 381.9 (183.