“Sales increased by 3 percent. Both operating EBITA and the operating EBITA margin were largely unchanged. The order backlog is at a historically high level, and in the sustainability work, all key figures are developing positively,” says Fredrik Meuller, President and CEO of Inwido and continues: “In short: despite challenges for several of our business units, it is our assessment that we have advanced our positions and taken shares in the majority of markets so far in 2025.”
In addition to the waiting mode of the global economy, the stronger Swedish krona also affected the result during the quarter. When translating foreign subsidiary results, operating EBITA was negatively affected by SEK 9 million. Order intake decreased organically by 8 percent, which is primarily explained by the fact that Inwido, via its Irish company Carlson, took a record order during the corresponding quarter last year.
Acquisition activity remains a high priority and the list of potential acquisition candidates is solid and growing. The general market uncertainty also affects the decision-making of sellers, leading to lengthy processes. The external drivers for profitable growth are unchanged, with continued support from leading macroeconomic indicators and a solid order book.
“The market recovery has been delayed due to the current global situation, but Inwido is ready and our business is well positioned,” concludes Fredrik Meuller.