Q4 Results 2024
(Nedre Vats, February 20, 2025): AutoStore Holdings Ltd. (AutoStore, OSE:AUTO), a robot technology company that invented and continues to pioneer cube storage automation, today released its quarterly update for the quarter ending December 31, 2024.
“We delivered a strong end of the year, taking full year revenue to USD 601.4 million, slightly above the high end of our guidance range of USD 575-600 million. The market remains challenging, but despite a revenue decline for the full year, we gained market share. With our strong business model and winning customer value proposition, we maintained our high levels of profitability. In 2024, our gross margin was at a record high at 73.1% and our adjusted EBITDA margin was 47.0%”, said CEO Mats Hovland Vikse.
(Nedre Vats, 5 February 2025): AutoStore Holdings Ltd (AutoStore: OSE:AUTO) invites investors and analysts to join the presentation of the fourth quarter 2024 financial results on Thursday 20 February 2025 at 08:00 CET via a live webcast and earnings call.
06:00 - Announcement of the fourth 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: 396 861 742 523
Password: tU3ew3WS
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.
