Q2 2022 Nolato AB Earnings Call Transcript
Welcome to the Nolato Q2 2022 Report. (Operator Instructions)
Today, I am pleased to present Christer Wahlquist, the CEO; and Per-Ola Holmstrom, the CFO. Please begin your meeting.
()- -
Welcome to the presentation of Nolato's second quarter 2022. This is Christer Wahlquist speaking. And beside me, I have Per-Ola Holmstrom. Starting on Page 2. We can conclude that we have had a quarter with increasing sales in Swedish currency, amounting to approximately SEK 2.9 billion. However, we saw a decrease by 6% if we adjust for currency effects.
The second quarter was affected by external factors such as COVID, supply chain issues, and the war in Ukraine. So that together, created a profit and EBITA level of SEK 264 million in comparison to SEK 336 million in the second quarter of 2021. That gives an EBITA margin of 9.1 percentage points. And that margin was then, of course, affected by volumes, a lot on the cost
| 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
