Humble Group Q3 Adjusted EBITA Rises 29% to MSEK 165
Humble Group reported Q3 net sales of MSEK 2,199 versus 2,093, EBITA of MSEK 141 versus 77, and adjusted EBITA of MSEK 165 versus 128. Adjusted EBITA margin was 7.5% versus 6.1%; leverage fell to 2.5x adjusted EBITDA from 2.8x.
For Q3, Humble Group reported net sales of MSEK 2,199, compared with MSEK 2,093 a year earlier. EBITA was MSEK 141, versus MSEK 77, while adjusted EBITA increased to MSEK 165 from MSEK 128. The adjusted EBITA margin was 7.5%, up from 6.1%. Leverage declined to 2.5x adjusted EBITDA from 2.8x.