Salix Group Q3 EBITA Rises 35% to SEK 173M; Sales Up 20%
Salix Group reported Q3 net sales growth of 20%, including 4% organic growth. All business areas improved gross margins, and the company strengthened its fasteners position through the Arvid Nilsson acquisition.
Salix Group AB said third-quarter EBITA increased 35% to SEK 173M. Net sales grew 20%, including 4% organic growth. Gross margins improved across all business areas. The group also strengthened its position in fasteners through the Arvid Nilsson acquisition.