Q4 2021 Nolato AB Earnings Call Transcript

Feb 07, 2022 / 02:30PM GMT
Operator

Hello, everyone, and welcome to the Nolato audiocast with teleconference for Q4 2021.

(Operator Instructions)

Today, I am pleased to present CEO, Christer Wahlquist; and CFO, Per-Ola Holmstrom. Speakers, please begin.

Christer Wahlquist - Nolato AB(publ)-President&CEO

Hello, and welcome to the presentation of Nolato's fourth quarter 2021. This is Christer Wahlquist speaking.

I will start on Page 2 in the provided presentation material. And this was a strong quarter for Nolato Group with sales above SEK 3.1 billion, corresponding with a 28% increase in sales, and this is despite our Industrial Solutions business area that was affected by some supply chain disruptions during the quarter. But Medical and Integrated Solutions, both had strong quarters, sales-wise. The operating profit during the quarter rose to SEK 336 million. And during the quarter, we had cash flow that was affected by an increase of working capital requirements and some high investment levels. And therefore, it

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