SECOND QUARTER SUMMARY, APRIL-JUNE 2020
· Net sales decreased with 2 per cent to SEK 846 m (864), of which -13 per cent was organic.
· EBITA decreased to SEK 56 m (74), for an EBITA margin of 6.6 per cent (8.6). EBITA was charged with restructuring costs of SEK 20 m (-). EBITA adjusted for restructuring costs was SEK 76 m (74), for an adjusted EBITA margin of 9.0 per cent (8.6).
· Operating profit decreased to SEK 24 m (46), for an operating margin of 2.8 per cent (5.3).
· Profit after tax decreased to SEK 14 m (33).
· Earnings per share decreased to SEK 0.42 (0.99).
· Cash flow from operating activities increased to SEK 188 m (-20).
· Kristina Willgård elected as a new board member at the Annual General Meeting on 7 May 2020.
· Acquisition of Excitech completed in June 2020.
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