Q3 2019 Nolato AB Earnings Call Transcript
Hello and welcome to the Nolato AB Q3 Report 2019. (Operator Instructions) Today, I'm pleased to present Christer Wahlquist, CEO; and Per-Ola Holmstr?m, the CFO. Please go ahead with your meeting.
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Thank you and welcome everybody, to the presentation of the third quarter 2019 for Nolato. So on Page 2 in the presentation, we sum up the third quarter for the Group. We ended up with sales just below SEK 2 billion. And that is adjusted for currency, a decrease by 5% for the Group. We saw in the quarter a continued positive performance by Medical Solutions and normalized inventory situation at Integrated Solutions and stable volumes for Industrial Solutions. The operating profit rose to SEK 238 million. And that is, of course, build up by positive earnings performance by all business areas.
The margin, strong at 12%. If we exclude non-recurring items it was 11.2%. The cash flow after investments was negative by SEK 4 million in comparison to SEK 68
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