25 October 2023
Clearly improved profitability and cash flow driven by strong operational execution

Adjusted EBITDA for the third quarter of the year reached EUR 23.5 million, which is 20 per cent higher than last year. This was a result of our strong operational execution delivering a 4.3 percentage point year-on-year adjusted EBITDA margin uplift despite the weak market environment. These significant and sustainable improvements will strengthen Purmo Group financially in the medium and long term and support our target for an adjusted EBITDA margin of above 15 per cent.

For the full report, visit