AutoStore Holdings Ltd (OSL:AUTO)
kr 12.37 0.14 (1.14%) Market Cap: 41.56 Bil Enterprise Value: 44.05 Bil PE Ratio: 28.84 PB Ratio: 2.92 GF Score: 65/100

Q3 2024 AutoStore Holdings Ltd Earnings Call Transcript

Nov 07, 2024 / 07:00AM GMT
Release Date Price: kr10.96 (+6.10%)
Operator

Old convenience.

Moving on to our agenda. Mats and Paul will present the quarter's operational and financial development. And as usual, all financials are stated in US Dollars.

(Operator Instructions)

And with that, I'll hand over the word to you, Mats.

Mats Vikse
AutoStore Holdings Ltd - Chief Executive Officer

Thank you, [Eva].

So looking at the highlights, our financial performance is consistent with our recent capital markets day communication. Revenue came in at $144 million, which is slightly above the guided range of $135 million to $140 million. Order intake was $144 million down slightly year-over-year and on-par with the previous quarter. Looking at the profitability of our business, we continue to post strong margins with gross margins of 73.5% and adjusted EBITA margins of 46.8%. And while we remain focused on profitability, we continue to invest in long term growth. For 2024 as a whole, we reiterate our revenue guidance from the CMD at $575 million to $600 million.

Then turning our focus to

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