Q4 2019 Nolato AB Earnings Call Transcript
Hello, and welcome to the Nolato AB Q4 Report for 2019. (Operator Instructions) Today, I'm pleased to present Christer Wahlquist, the CEO; and Per-Ola Holmström, the CFO.
Please go ahead with your meeting.
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Thank you, and welcome to Nulato's presentation of the fourth Quarter 2019. This is Christer Wahlquist speaking. I will start on Page 2 in the presentation deck. So to summarize, it's -- the fourth quarter on the group level. We had a good increase of sales and amounted up to -- close to SEK 2.3 billion that is adjusted for currency, an increase of sales of 22%. We saw, during the quarter, good performance by all our business areas and a very strong growth for Integrated Solutions. The operating profit during the quarter rose to SEK 271 million compared with SEK 214 million, if we exclude the nonrecurring items of SEK 22 million. We saw positive earnings performance by all business areas. We had a strong margin of 11.8%, excluding the
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