Q2 2021 Nolato AB Earnings Call Transcript
Hello, and welcome to the Nolato Audiocast with Teleconference Q2 2021.
(Operator Instructions)
Today, I'm pleased to present Christer Wahlquist, CEO; and Per-Ola Holmstrom, CFO. Please go ahead with your meeting.
()-&
Thank you, and welcome, everyone, to the presentation of Nolato's second quarter of 2021. I'm starting on Page 2 in the handout. And I can -- we had a new record quarter within Nolato Group, with sales close to SEK 2.8 billion, giving an organic growth of 11% during the quarter.
The GW Plastics acquisition, which we acquired first of September showed a strong performance quarter-on-quarter. We had an operating profit of SEK 336 million, giving a SEK 25 million increase of operating profit if we compare to second quarter last year. And we reached SEK 336 million raising a margin of 12.1% during the quarter.
The cash flow after investments amounted to SEK 346 million during the quarter. Turning to Page 3. On
| 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
