Q3 Results 2024
In the third quarter, order intake came in at USD 143.9 million, down 5.1% compared to the same period last year and on par QoQ. Revenue was USD 144.2 million (144.7). “The financial results for the quarter were in line with what we communicated at our recent Capital Markets Day.”, said CEO Mats Hovland Vikse.
The third quarter results follows a Capital Market Day held by AutoStore on September 18th, 2024.
"Warehouse automation is still in its infancy with less than 20% of warehouses being automated on a global basis. AutoStore is uniquely positioned to play a leading role as secular megatrends drive transition to more automation.”, said CEO Mats Hovland Vikse.
(Nedre Vats, 1 November 2024): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors and analysts to join the presentation of the third quarter 2024 financial results on Thursday 7 November 2024 at 08:00 CET via a live webcast and earnings call.
06:00 - Announcement of the third quarter 2024 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.
The presentation will be broadcasted live via this webpage.
It will be possible to send in written questions through the webcast player. In addition, we invite participants to ask questions live at the end of the presentation by using the raise-hand feature in Microsoft Teams.
> Click here to open the Microsoft Teams Meeting.
Meeting-ID: 382 410 743 547
Password: KSXUuQ
For further information, please contact:
Hiva Flåskjer, SVP Investor Relations, AutoStore AS Telephone: +47 958 66 790 I hiva.flaskjer@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 ~1,550 Systems in 57 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 assembly facilities in Poland and Thailand.
