Bravida Holding AB (LTS:0RBW)
kr 79.875 0.1 (0.13%) Market Cap: 16.11 Bil Enterprise Value: 16.27 Bil PE Ratio: 15.70 PB Ratio: 2.01 GF Score: 88/100
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Q3 2024 Bravida Holding AB Earnings Call Transcript

Oct 22, 2024 / 07:30AM GMT
Release Date Price: kr79.63 (+1.69%)
Mattias Johansson
Bravida Holding AB - Group President, Chief Executive Officer

Good morning, everyone and welcome to this presentation of our Q3 report 2024 and ours means Bravida. And as usual and always, it's myself Mattias, CEO, who will take you through this presentation together with.

Asa Neving
Bravida Holding AB - Chief Financial Officer

Asa Neving, CFO.

Mattias Johansson
Bravida Holding AB - Group President, Chief Executive Officer

So again, warm, welcome to this presentation. And we start directly with the Q3 highlights really strong cash conversion, cash flow improves a lot in the quarter which is fantastic. Otherwise, we have a flat growth which is pretty much as expected as earlier communicated. Service is growing with 8%, organic growth is minus 3%. The order intake is down with 12% mainly because of that we are very strict in our project selection.

But also, of course, due to the soft market demands we see especially in Finland and the South part of Sweden. Order backlog is still on very

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