Q4 2022 Nolato AB Earnings Call Transcript
()- -
Hello, and welcome to the presentation of Nolato's fourth quarter 2022. This is Christer Wahlquist speaking, and I'm starting on the second page of the provided material. So, in summary, the fourth quarter ended up at just short of SEK 2.4 billion in sales. That was affected by a positive currency effect. And it was -- if we adjust for that, it was a 34% decrease of sales. We saw lower volumes in the VHP area affecting the overall numbers. The operating profit ended up at SEK 163 million in comparison to SEK 336 million the corresponding quarter last year. That gave us a margin of 6.9 percentages, and the margin was affected by volumes, of course, cost inflation and production efficiency. If you look on the right-hand side of the page, you see that we have been building and working with a focus on creating a true global service provider across our 3 different business areas.
Turning to Page 3, focusing on the full year of 2022. The full year's sales ended
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... |