(Nedre Vats, 14 February 2024): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO), a robot technology company that invented and continues to pioneer cube storage automation, today announced financial results for the quarter ending December 31, 2023.
“We continued to experience high activity in the market in the fourth quarter, and we grew our order intake by 7% compared to the fourth quarter last year. The quarter was also the second in a row with sequential growth in order intake. AutoStore’s business model is simple and flexible based on a small number of standardized modules. Combined with strategic price changes and constant optimization of procurement and operations, this underpins our ability to continue to deliver a very high gross margin level of 69% and an EBITDA margin at an industry-leading level of 48%,” said Mats Hovland Vikse, CEO.
AutoStore Holdings Ltd invites investors, analysts and journalists to join the presentation of the fourth quarter 2023 financial results on Wednesday 14 February 2024 at 08:00 CET via a live webcast and earnings call.
06:00 - Announcement of the fourth 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.
Conference code: 366151
PIN code for all countries: 9940
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 on this page and can also be streamed at Autostore Webcast Q4 2023 (royalcast.com).