SIG Q3 Report 2023
Q3 2023 financial highlights
Strong organic revenue growth and free cash flow generation
Revenue € 799 million
- +7.7% constant currency
- +8.1% organic(1 constant currency
- +3.7% reported
Adjusted EBITDA
- € 198 million (Q3 2022: € 179 m)
Adjusted EBITDA margin
- 24.8% (Q3 2022: 23.2%)
Adjusted net income
- € 79 million (Q3 2022: € 78 m)
Net capital investment
- €59 million (Q3 2022: € 53 m)
Adjusted EBITDA margin and cash flow
- Price increases underpinning margin improvement
- Strong Q3 free cash flow generation in line with seasonality and above prior year
