Q4 2023 Nolato AB Earnings Call Transcript
Hello, and welcome to today's webcast presentation where Nolato, presenting. Today, we have the CEO, Christer Wahlquist; and CFO, Per-Ola Holmstrom; presenting. (Operator Instructions) And with that Christer, please go ahead with your presentation.
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Yes. Welcome to the presentation of Nolato fourth quarter report of 2023. This is Christer Wahlquist, speaking and right now I'm turning to page 2 in the presentation. Starting with the summary of the fourth quarter for the group and our sales total to a little bit more than SEK2.2 million in the quarter that was a 6% decrease.
If we adjusted for currency and acquisition, we saw strong growth for the Industrial Solutions, but lower volumes affecting the other two business areas. Our operating profit increased to SEK177 million in comparison to SEK163 million for the fourth quarter of 2022.
That is creating an EBITA, margin of 7.9% compared to 6.9%. We saw
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