Third quarter 2023
- 8 per cent organic revenue growth (using fixed exchange rates and a comparable group structure)
• Reported operating net sales increased by 2 per cent to 1,352.1 MEUR (1,320.2). Net sales including the reduction of acquired deferred revenue amounted to 1,349.8 MEUR (1,316.6)
• Adjusted gross margin of 65.5 per cent (65.2)
• Adjusted operating earnings (EBIT1) increased by 2 per cent to 393.0 MEUR (386.2)
• Adjusted operating margin amounted to at 29.1 per cent (29.3)
• Earnings before taxes, excluding adjustments, amounted to 350.0 MEUR (377.3)
• Net earnings, excluding adjustments, amounted to 287.1 MEUR (309.4)
• Earnings per share, excluding adjustments, amounted to 10.6 Euro cent (11.4)
• Operating cash flow before non-recurring items decreased to 146.5 MEUR (243.5)