Alleima Q3 2023 Earnings Report

Alleima reported Q3 2023 results with solid revenue growth of 8% to SEK 4,617 million and adjusted EBIT growth of 80% to SEK 350 million. The company achieved record-high adjusted EBIT margin of 7.6% for a third quarter, driven by improved product mix, price increases, and strong demand in key segments including Medical and Oil & Gas. Management highlighted a strategic investment of approximately SEK 250 million in a new cold-finishing facility in Zhenjiang, China to support growth in the Chemical and Petrochemical segment.