CPSE:IGConstruction
InstallatørGruppen (CPSE:IG) Stock Slides As Margins Hold But Losses Return
InstallatørGruppen’s stock has been sliding for weeks, yet the latest earnings landed with a different message. The company is still lossmaking at the earnings per share line, but the headline this quarter is margin resilience in a tough construction market. Adjusted EBITDA grew faster than revenue, and the adjusted EBITA margin in the first half held at 9.3%, slightly ahead of last year. For a newly listed roll up in technical installation, that kind of early margin discipline is what can...