Q2 2019 Nolato AB Earnings Call Transcript
Hello, and welcome to the Nolato Q2 report 2019. Today, I'm pleased to present CEO, Christer Wahlquist; and CFO, Per-Ola Holmström. (Operator Instructions)
I will now hand you over to Christer Wahlquist. Please go ahead.
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Thank you, and welcome, everybody, to the presentation of Nolato Second Quarter 2019. I will start on Page 2 with the Q2 summary for the group. And in the second quarter, we had sales that totaled close to SEK 2 billion. It was a high comparison number that was SEK 2.3 billion last year. Adjusted for currency and group structure, that means that sales decreased by 17%. We saw continuously strong performance by Medical Solutions. We saw a normalized inventory situation at Integrated Solutions. And we had inventory adjustment affecting Industrial Solutions. The profit, EBITA, decreased to SEK 233 million compared to SEK 266 million. That gave us a strong margin of 11.7 percentage. Cash flow after investments amounted to SEK 178
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