- Net sales of
EUR 3 974 thousand (compared toEUR 3 672 thousand in Q1 2023) - EBITDA of
EUR 434 thousand (162) and EBITDA margin of 10.9 % (4.4 %) - EBIT of
EUR 390 thousand (128) and EBIT margin of 9.8 % (3.5 %) - Net Earnings After Tax of
EUR 166 thousand (247) and net EAT margin of 4.2% (6.7%)
kEY developments January - March 2024
- Business as usual with no significant events or extraordinary influence. The first quarter is often the slowest period of the year
-
The companies in
Germany andSwitzerland overperformed compared to the internal budget - Launching "Reduce to the MAX" annual motto with an aim to increase efficiency and prepare for future growth. Simplification and alignment of the business to its original competence
- Continued cashlow pressure in all companies
Talkpool received a binding bid for its Pakistani and Saudi businesses, but the bid expired inMay 2024 - A share options scheme was launched in March. The scheme runs until 2031 with a first phase until mid-2025, and intends to inzentivize key staff and improve long-term profit margins
The business is now in a stabilization phase after pivoting back to its core competency. The cashflow generated by the operation continued to increase in the beginning of 2024, and the operational trend has been positive for several years. Cash management continues to be in focus as the cash generated by the organisation is used to reduce loans, restructuring the business and do small investments.
Almost no new client contracts were signed, so the organisation could continue delivering ongoing business. The German fixed network planning operation continued to impress, and reached its best month ever in
We're now preparing to integrate the Pakistani business into
FOR FURTHER INFORMATION READ THE FULL Q1 2024 REPORT, AVAILABLE ON https://talkpool.com/financial-reports/
This report contains insider information that
magnus.sparrholm@talkpool.com +41 81 250 20 20
Certified Advisor:
https://news.cision.com/talkpool-ag/r/interim-report-jan---mar-2024,c3992447
https://mb.cision.com/Main/14365/3992447/2836104.pdf
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