Addnode Group
Addnode Group Q1’19: Organic growth is back (Redeye)
2019-04-26 12:42
Sales and EBITA came in at SEK 858m (737) and SEK 82m (66), both beating our forecast with 7%. Organic growth was 5%. Design beat our forecast both regarding margin and growth. The margin increased to 11.6% (10.0) and the organic growth was 10%. PLM was in line with our forecast while Process came in somewhat below our estimate. We will likely increase our forecasts slightly.
info@redeye.se (Redeye.se)
Redeye AB - Redeye.se