The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Johnny Gin - SEB - Analyst
: Yes, good morning here we can. Thank you for taking my question, a couple of questions from my side. Starting with the gross margin, it looks like
it's very strong in the quarter. And you mentioned some mix effects here, but you also mentioned some some price pressure in other market. So
maybe can you break this down a little bit and and what drives the gross margin and how we think about the gross margin going forward? That's
my first question. Thank you.
Question: Johnny Gin - SEB - Analyst
: I understand that's very clear. And they go into the segments a little bit here in Eastern Europe, it looks like post is down material in the segment.
So my question here is, do you see further room to reduce cost in Finland to so to speak, help profitability or will it require more volumes and, and
drive from the market here to, to drive margins and profitability from here.
Question: Johnny Gin - SEB - Analyst
: Okay. And in Scandinavia, I know it's it also looks that the margin is very strong and impressive in the quarter here. And we talked about the, the
myths here a bit with more consumer. But would you say that the backlog has similar profitability as in the quarter in Scandinavia or how, how you
view the margin they're going forward?
Question: Johnny Gin - SEB - Analyst
: The the profitability in the in the Scandinavia.
Question: Johnny Gin - SEB - Analyst
: Okay. And, and building on that, the last thing you said there, given the the solid margin that you can deliver now in this tough market for the
group here, would you say that you have created a more even more cost efficient platform from here that can push margins for the group even
higher once ballum return and that you have created a new, higher, lowest level, so to speak.
Question: Johnny Gin - SEB - Analyst
: Okay. And then on M&A side, could you please give a comment here how the pipeline is developing? And if there is something in particular in
terms of which is just that you're looking for. And yeah, that's my question.
Question: Johnny Gin - SEB - Analyst
: Okay. Thank you. And just one final one from my side. Can you please comment and say something about October how that has started for you?
Question: Johnny Gin - SEB - Analyst
: Okay. But would you say that the market is so to speak similar? And if, if you talk in broader terms,
Question: Johnny Gin - SEB - Analyst
: Okay. That was all for me. I go back to that. Thank you so much for taking my question.
Question: Albin Nordmark - Nordia - Analyst
: Yes. Hello, Frieda Pieter Albert from no here. So I think I can continue on the last question there regarding M&A So what, what geographic markets
are, are the most interesting from from here if you're getting into a new one?
Question: Albin Nordmark - Nordia - Analyst
: All right. Thank you very much. And by, in the report, I think the most, the most surprising thing from, from my side was the modern uplift in Western
Europe 200 bits or so. So what does this ex exactly stem from?
Question: Albin Nordmark - Nordia - Analyst
: Volume and improved efficiency?
Alright. Thank you for that. And then just on the finish acquisition here two months ago, some protection solution is somewhat a new area for you.
How, how is the in the integration be going there? And should one expect the more acquisitions of, of some protection companies?
Question: Albin Nordmark - Nordia - Analyst
: Yeah, sure is. And lastly, you, you made some comment about some savings of 23,000 L of paint or, or something similar. So apart from the obvious
climate reasons, how, how's the financial return on, on these kinds of investments?
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OCTOBER 22, 2024 / 8:00AM, INWI.ST - Q3 2024 Inwido AB (publ) Earnings Call
Question: Albin Nordmark - Nordia - Analyst
: But you didn't say anything about the payback time.
Question: Albin Nordmark - Nordia - Analyst
: All understood. Thank you. That's all for me. Very helpful.
Thank you al
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