Organic Growth
The company achieved a 3% organic growth in both Labtech and Medtech segments.
Stable Cash Flow
Operating cash flow remained stable compared to last year, with improved cash conversion due to focus on inventory reduction and working capital efficiency.
Acquisition of BonsaiLab
The acquisition of BonsaiLab, a leading Spanish distributor in cell and molecular biology, was completed, contributing positively to the company's growth.
Medtech Margin Improvement
The EBITA margin in the Medtech segment increased by 7%, reaching 10.7% compared to 10% in the previous year.
Profitability Improvement Initiatives
The profitability improvement initiatives, including the closure of Camanio, are progressing according to plan, resulting in significant cost savings.