STOCKHOLM, SWEDEN – NCAB Group AB posted third-quarter net sales of $99.4 million, a 15% increase year-on-year, while order intake climbed 21% to $103.2 million. For comparable units, net sales grew 8% and order intake rose 14%. The company reported a book-to-bill ratio of 1.04, reflecting steady order momentum across key segments.

North America showed the strongest growth during the quarter, driven by demand from energy, medtech, aerospace and defence customers, as well as higher tariff-related revenue. Other regions also contributed, with East seeing solid inflows of new business despite broader market weakness in China.

For the first nine months of the year, net sales reached $285.4 million, up 8% from the previous year, while order intake increased 13% to $299.7 million. CEO Peter Kruk noted that although global economic conditions remain uncertain, order intake has improved steadily over several quarters, particularly in high-growth sectors like EV charging infrastructure and power electronics.

Currency effects and product mix weighed on EBITA, but the company maintained strong cash flow and working capital performance, supported by ongoing efficiency measures and customer engagement around supply chain adjustments in response to tariffs.

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