Strong Order Intake Growth
Order intake increased significantly by 20% year-to-date, and 15% in Q3 alone, reaching EUR 6.9 billion, indicating robust demand across several business areas.
Order Backlog at Near Record High
Order backlog increased by 15% from the previous year to EUR 10.8 billion, providing a good cushion for future revenue.
Sustainability Milestones Achieved
EcoVadis lifted the company’s rating from Bronze to Gold, placing it in the top 5 percentile. Additionally, SBTi approved the company’s greenhouse gas emission targets.
Service Business Growth
Service business reached 44% of total revenue in the last four months, showing a positive trajectory.
Hydropower Segment Performance
Hydropower saw strong growth with order intake up by 50% in the first three quarters and a comparable EBITA margin at 7%.