Published: Saturday, March 2, 2024 · 2:47 PM | Updated: Saturday, March 2, 2024 · 2:47 PM
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Oct 26, 2023 / 08:00AM GMT
Operator
Good morning. This is the conference operator. Welcome, everyone, to Addtech’s Second Quarter Report Presentation. (Operator Instructions)
At this time, I would like to turn the conference over to Niklas Stenberg, CEO; and Malin Enarson, CFO of Addtech. Please go ahead.
Niklas Stenberg – Addtech AB(publ.)-MD – President, CEO & Director
Good morning, and welcome, everyone, to this webcast. We will summarize the quarter and also the first 6 months of this year and then go over to Q&A. And if we start with just some brief highlights. The customer activity remains high. There are variations between the segments. But overall, the market situation is stable, and we see no signs of a general slowdown as we write in the report.
Net sales is up 10%, of which 1% organic. I will come back to that. The result grew with a very satisfying 25%, and we continue to grow the margins. 14.9% compared to 30.2% same period last year. And adjusting for unrealized FX gain, the margin was 14.3%, still on a record high
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