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.
()-&
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
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
