Q3 Results 2023
“The activity in the market remained high in the third quarter, and we increased our order intake by 11% compared to the second quarter. Despite a slight year-over-year decline in revenue to USD 145 million, we continue to demonstrate the strength of our highly profitable business model with significant increases in gross margin and adjusted EBITDA margin. Our EBITDA margin has been restored to its historic peak and industry-leading level of 47%, 10 percentage points higher than in the same period last year,” said Mats Hovland Vikse, CEO.”
(Nedre Vats, 23 October 2023): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors, analysts and journalists to join the presentation of the third quarter 2023 financial results on Thursday 9 November 2023 at 08:00 CET via a live webcast and earnings call.
06:00 - Announcement of the third quarter 2023 financial results. All material will be made available on www.newsweb.no and www.autostoresystem.com.
08:00 - Presentation will be held only via live webcast and earnings call. The presentation will be hosted by Mats Hovland Vikse, CEO, and Paul Harrison, CFO. The presentation will be followed by Q&A.
- Earnings call and Q&A. Audio only. Participants are encouraged to dial-in 5 to 10 minutes in advance for registration.
Participants dial-in numbers:
PIN code for all countries: 366151
NO: +47-2195-6342
SE: +46-8-1241-0952
DK: +45-7876-8490
UK: +44-203-769-6819
US: +1-646-787-0157
The presentation will be broadcasted live at Q3 Results 2023 (autostoresystem.com), and can also be streamed at Autostore Webcast Q3 2023 (royalcast.com)
For further information, please contact:
Jo Christian Lund-Steigedal, Investor Relations, AutoStore AS
Telephone: +47 41508733 | Info.ir@autostoresystem.com
About AutoStore
AutoStore, founded in 1996, is a technology company that develops order -fulfillment solutions to help businesses achieve efficiency gains within the storage and retrieval of goods. The company offers both hardware and software capabilities and the AutoStore technology is interoperable with other third -party solutions. AutoStore is global, with ~1,200 Systems in 49 countries. All sales are distributed, designed, installed, and serviced by a network of qualified system integrators referred to as "partners". AutoStore was founded in Nedre Vats, on the west coast of Norway. The company has offices in Norway, the U.S., UK, Germany, France, Spain, Italy, Austria, South Korea, Japan, Australia, and Singapore, as well as production facilities in Koszalin, Poland. For more information about AutoStore, see www.autostoresystem.com.
