Q2 2019 Indutrade AB Earnings Call Transcript
Ladies and gentlemen, welcome to the presentation of Indutrade AB Q2 Report 2019. Today, I'm pleased to present Mr. Bo Annvik, CEO; and Patrik Johnson, CFO. (Operator Instructions) Speakers, please begin.
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Good morning, and welcome on my behalf as well. It's Bo Annvik here. We start by looking at some highlights on Slide 2 from the quarter, and we can summarize and say that we had, had good and stable demand with a positive book-to-bill in the quarter. We, however, see some increasing variation in terms of demand between company segments and markets, and I'll expand on that later on here.
We have had a very good acquisition pace. We have acquired 10 good companies so far this year, and I would say that the pipeline is still positive.
EBITA margin is improving slightly, and it's actually the second-best quarter 2 since we became a public company in 2005.
And we are also improving cash flow. However, working capital is still on a
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