Inission AB is revising its financial targets for 2024. The sales target for the full year 2024 is lowered from 2.4 to between SEK 2.1 – 2.2 billion and EBITA of 7% is lowered to 6%. The reason for the revision is explained by continued generally subdued demand from our customers. Margin development is linked to lower volumes and an adjustment of costs to lower demand is continuous.
For more information:
Fredrik Berghel, CEO Inission AB
[email protected]
+46 732 02 22 10
This information is information that Inission AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted, through the care of the above contact person, for publication at 08:50 CET on October 25, 2024.
About Inission
Inission is a total supplier of customized manufacturing services and products in advanced industrial electronics and mechanics. Our services cover the entire product life cycle, from development and design to industrialization, volume production and aftermarket services. Inission has operations in Sweden, Norway, Finland, Estonia, Italy, the USA, and Tunisia. Inission has a strong value-driven corporate culture of entrepreneurship and passion, which has 2023 resulted in a turnover of approx. SEK 2,2 billion with approx. 1 100 employees. Inission is listed on Nasdaq First North Growth Market. Inission’s offer is divided into two business areas; Contract manufacturing of electronic and mechanical products under the brand Inission and Power electronics and systems under the brand Enedo. Reports are archived at www.inission.com/en.
Inission AB, Lantvärnsgatan 4, 652 21 Karlstad
company registration number 556747–1890