OX2 AB (publ) reports its result for the third quarter of 2023 today

July-September 2023
·       Net sales amounted to SEK 2,329 million (2,311)
·       Operating income amounted to SEK 386 million (30)
·       Operating margin amounted to 16.6% (1.3)
·       Profit for the period was SEK 356 million (44)
·       Earnings per share before and after dilution totalled SEK 1.32 (0.16)
·       Cash flow from operating activities amounted to SEK -937 million (-129)

January-September 2023
·       Net sales amounted to SEK 5,995 million (5,401)
·       Operating income amounted to SEK 696 million (498)
·       Operating margin amounted to 11.6% (9.2)
·       Profit for the period was SEK 690 million (459)
·       Earnings per share was before dilution and after dilution SEK 2.60 (1.68)
·       Cash flow from operating activities amounted to SEK -1,288 million (765)

CEO comments
“In the third quarter, our operating income totalled SEK 386 million and we sold two onshore wind farms in Sweden and Poland with a combined contract value of SEK 3.4 billion. To date this year, OX2 has sold projects in five countries and we have a large number of ongoing sales processes in several countries, spanning a range of technologies.”
 
Webcast and telephone conference
 A presentation of the company’s interim report for the third quarter 2023 will be held today at 10.00 (CEST). If you wish to participate via webcast please use the link below. Via the webcast, there is an opportunity to ask written questions.
 
OX2 Q3 Report 2023 (financialhearings.com)

If you wish to participate via teleconference please register on the link below. After registration you will be provided phone numbers and a conference ID to access the conference. You can ask questions verbally via the teleconference. 
 
Call Access (financialhearings.com)
 
For further information, please contact:

Henrik Vikström, Investor Relations Director OX2
+46 709 528 006
henrik.vikstrom@ox2.com