Q2 2023 Nolato AB Earnings Call Transcript
Welcome to Nolato Q2 Report 2023. (Operator Instructions) Now I will hand the conference over to CEO, Christer Wahlquist; and CFO, Per-Ola Holmstrom. Please go ahead.
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Hello, and welcome to the presentation of Nolato's second quarter 2023. If we start on Page 2 in the presentation deck, there is a summary of the second quarter for the group. We had sales just shy of SEK 2.5 billion during the quarter and that was -- we saw decreased volumes within our VHP business, but good performance or positive performance within Industrial and Medical.
The operating profit EBITA ended up at SEK 198 million in comparison to SEK 264 million. The EBITA margin was affected by the lower volumes within the VHP sector. We saw good cash flow during the quarter, and it rose to SEK 224 million if we exclude acquisitions, and we have sustained our strong financial position.
If we then turn to Page 3 in the presentation deck
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