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Robust first nine months with continued business improvements. The share buyback programme increased by additional DKK 250 million to a total value of DKK 1,500 million

Company Announcement No. 55/2024 Trading update for 1 January – 30 September 2024Robust first nine months with continued business improvements. The share buyback programme increased by additional DKK 250 million to a total value of DKK 1,500 millionHighlightsFinancial updateOrganic growth was 4.8% in Q3 2024 (Q3 2023: 9.3%) and 5.5% for the first nine months of 2024 mainly driven by price increases implemented across the Group and net positive volume growth.Operating...
Copenhagen, (informazione.it - comunicati stampa - economia)


No. 55/2024

Financial update

Business update

Capital distribution and outlook

Kasper Fangel Group CEO, ISS A/S, says:
I'm pleased that in the third quarter, we sustained organic growth, achieving 5.5% for the first nine months of 2024. In addition, our operating margin and free cash flow developed as expected due to ongoing operational improvements across the business. Commercially, we have made strong efforts to secure further extensions of several longstanding customer relationships. Additionally, we have taken steps to leverage our market opportunities through targeted initiatives and higher quality-execution. I'm also encouraged to see social sustainability gaining traction with our customers as a key differentiator for ISS, and I'm confident it will drive stronger commercial outcomes ahead.

About ISS

ISS is a leading, global provider of workplace and facility service solutions. In partnership with customers, ISS drives the engagement and well-being of people, minimises the impact on the environment, and protects and maintains property. ISS brings all of this to life through a unique combination of data, insight and service excellence at offices, factories, airports, hospitals and other locations across the globe. ISS has more than 350,000 employees around the globe, who we call “placemakers”. In 2023, Group revenue was DKK 78.7 billion. For more information on the ISS Group, visit www.issworld.com.

ISS A/S, ISIN DK0060542181, ISIN US4651472056, ISS Global A/S, ISIN XS2013618421, ISIN XS1145526825, ISIN XS1673102734, ISS Finance B.V., ISIN XS2199343513


 

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