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Interim financial report for the third quarter 2024

Interim financial report for the third quarter 2024

Borgestad Groups profit before tax at MNOK 44.1 for Q3’24 compared to MNOK -29.4 in Q3’23.

EBIT margin at 7.4 percent for Höganäs Borgestad Group LTM’24 compared to adjusted EBIT at 3.2 percent LTM’23.

Agora Bytom delivered an EBITDA of MNOK 10.3 in Q3’24 compared to an EBITDA of MNOK 8.0 in Q3’23.

Borgestad ASA strengthened its team with the addition of Bendik Persch Andersen as Head of M&A, Corporate Development, and Investor Relations.
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Borgestad ASA’s report and presentation for third quarter of 2024 is attached hereto.

Report Q3 2024

Presentation Q3 2024

Webcast

Nov 13, 2024
For further information, please contact:

Pål Feen Larsen, CEO
Email: pfl@borgestad.no

Bendik Persch Andersen, Head of M&A and IR
Email: bpa@borgestad.no 

About Borgestad ASA

Borgstad ASA (OSE: Borgestad ASA– ticker code “BOR”) is an investment company established in 1904 and listed on the Oslo Stock Exchange in 1917. The main areas of business are real estate and industry. The largest current holdings include the Agora Bytom shopping center in Poland and Höganäs Borgestad. Höganäs Borgestad is a leading global supplier in the refractory market with a range of applications.