Purmo Group’s interim report January-March 2024: Clear margin improvement and solid adjusted EBITDA

Purmo Group delivered a clear margin expansion despite weak markets in the first quarter of 2024. No major signs of improvement in construction activity were visible in our core markets. However, we did see a sequential uptick of radiator orders in Central and Eastern Europe mainly due to some restocking and a slight upturn in optimism regarding demand recovery. We continue to believe in and push our integrated system approach which delivers value for installers and sustainable living for end-users.