BHG Group Reports Q3 Profitability Up 32.3% Year Over Year
Adjusted EBIT margin increased to 4.2%, with the company citing strong growth and cost control.
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05:20:16 AM UTC
SquawkNews
BHG Group AB OMXSTO:BHG
BHG Group AB said Q3 profitability rose 32.3% year over year. The adjusted EBIT margin increased 0.7 pp to 4.2%, which the company attributed to strong growth and cost control. The result extends a three-year run of year-over-year quarterly profitability gains, pointing to continued mid-cycle execution.