Biding its time

Organic sales decline of 7% y-o-y. EBIT margin of 9.5% (13.2%). We look for a rebound in H2'24.

Challenges persist in Q3

Organic sales decline of 6% y-o-y. EBIT margin of 7.9% (13.2%). Q4 demand on same level as Q3.

Weaker market finally takes its toll

Ogunsen preannounced its Q2 numbers on 17 July, as they were clearly below what the market expected. Net sales were SEK 128m (+2% y-o-y) and EBIT was SEK 9.1m (13.7m), 9% and 43% below ABGSCe, respectively.

Continued to grab market share in Q1

Organic sales growth +17% y-o-y. EBIT margin of 11.7% (11.4%). Industry survey points to improvements

Continued solid demand in Q4