Cash FlowCash flow continued to be strong, as expected, with FCF in the quarter of €48m and net debt decreasing.
M&A StrategyThe company recently acquired a 59% stake in a Brazilian hydraulic cylinder company, which is expected to contribute positively with revenues and a strong EBITDA margin.
Performance In Water-JettingWater-Jetting showed a continued acceleration, with better-than-expected performance and higher EBITDA margins.