Cambi, in its traditional manner, published its earnings report the evening before the announced date, after the stock market closed.
No cheers, at least not regarding the order backlog:
"Key highlights Q4 2024 (Q4 2023):
- Operating income: 234 (294)
- EBITDA: 39 (59)
- Order intake: 143 (46)
- Order backlog: 1,232 (1,542)
Key highlights FY 2024 (FY 2023):
- Operating income: 1,033 (977)
- EBITDA: 226 (249)
- Order intake: 724 (1,453)
"
Slightly below DNB’s forecasts.
CMP4_253470.pdf (378.3 KB)
The decrease in the order backlog is starting to show in revenue. However, a couple of orders had come in earlier this year. One from a new market in India and another from an old one in Spain.
On the Solution side, some project in England had gone wrong, causing costs and partly contributing to the decline in profitability.
