Q4 2020 Nolato AB Earnings Call Transcript
Hello, and welcome to the Nolato AB Q4 Report 2020. (Operator Instructions) Today, I am pleased to present the Christer Wahlquist, CEO; and Per-Ola Holmstrom, CFO. Please begin your meeting.
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Good afternoon, and welcome to the presentation of Nolato's Fourth quarter 2020. This is Christer Wahlquist talking. I suppose you all have the presentation in front of you. And I would like you to turn to Page 2. And on Page 2, we have a short introduction to the fourth quarter for the group. And in the fourth quarter, sales totaled to just below SEK 2.5 billion. And that is -- if we adjust that for currency and acquisition, it was a decrease of 2%. The GW Plastics acquisition was consolidated from the 1st of September, and the integration is proceeding according to plan.
Our operating profit, EBITA rose to SEK 283 million in comparison to SEK 249 million for Q4 2019. That created a margin of 11.4%, and that's the strong margin for the group.
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