Organic revenue growth was 5.4 percent, mainly due to organic growth of 10.8 percent in Professional Business. Earnings (EBITDA before special items) amounted to EUR 29.2 million in the third quarter of 2022, compared to EUR 34.5 million in the second quarter of the previous year. "Despite the current global economic slowdown, we managed to continue the positive performance of the first two quarters of 2022 in the third quarter," said Torsten Türling, CEO of Nilfisk.
"Global supply chain challenges continued to impact growth, but to a lesser extent than in the first half of 2022. Demand in our Professional business remained solid and the order backlog at the end of the third quarter was slightly higher than in the second quarter of 2022," says Torsten Türling. For the full year 2022, Nilfisk expects organic sales growth of 4.5 percent to 6.5 percent and an EBITDA margin before special items of around 13 percent.