Nolato AB (OTCPK:NLTBF)
$ 5.2706 0 (0%) Market Cap: 1.42 Bil Enterprise Value: 1.53 Bil PE Ratio: 26.90 PB Ratio: 2.88 GF Score: 88/100

Nine Months 2023 Nolato AB Earnings Call Transcript

Oct 26, 2023 / 12:45PM GMT
Release Date Price: $3.7
Operator

Hello and welcome to today's webcast with Nolato, where CEO Christer Wahlquist and CFO Per-Ola Holmstrom will present the company's report for the third quarter of 2023.

(Operator Instructions) And with that said, I hand over the word to you, Christer.

Christer Wahlquist;publ;President
Nolato AB;CEO & Interim President of Industrial Solutions

()- -

Okay, thank you. And good afternoon or good morning to all listeners.

This is Christer Wahlquist, presenting the third quarter of 2023 for Nolato.

On Page 2 in the presentation deck, we summarize up the third quarter for the group. And our sales totaled to SEK 2.3 billion, and that is a 15% decrease if we adjusted for currency and acquisition. We saw an increased sales for Medical and Industrial Solutions but markedly lower volumes within the Integrated Solutions business area. Operating profit amounted to SEK 193 million, excluding a nonrecurring item of SEK 60 million corresponding to our changes in our Chinese operations. That will give a

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