Interim Reports Q2 2020 – Presentation

Highlights of the second quarter of 2020

  • Net sales amounted to SEK 23,476m (29,232). Organic sales declined by 16.6%, due to lower volumes. The development of the coronavirus pandemic impacted market demand significantly in our main markets and also resulted in supply constraints in North America.
  • Operating income amounted to SEK -62m (1,219), corresponding to a margin of -0.3% (4.2).
  • Comprehensive cost measures executed to mitigate the effects from the pandemic on earnings.
  • Negative currency impact on operating income of approximately SEK 360m.
  • Income for the period amounted to SEK -141m (1,006), and earnings per share was SEK -0.49 (3.50).
  • Operating cash flow after investments was SEK 122m (-25).