Organic Growth in LCP Segment
LCP segment showed strength with an organic growth of 7.0%, driven primarily by the Nordics. Sales in LCP was SEK 3.9 billion, an increase of 4.6% compared to last year.
Adjusted EBITA Improvement
Adjusted EBITA came in at SEK 83 million compared to SEK 28 million last year, with an EBITA margin of 1.6% compared to last year's 0.6%.
Successful Efficiency Measures
Efficiency measures are fully implemented, resulting in cost savings of around SEK 200 million annually. SG&A expenses decreased by 6.3% in the quarter.
Improved Cash Flow from Operating Activities
Cash flow from operating activities improved to negative SEK 73 million compared to last year's negative SEK 355 million.
Sustainability Targets Alignment
Updated sustainability targets to align with the science-based target initiative, setting climate and social impact goals for 2030 and 2050.