Nolato AB (OSTO:NOLA B)
kr 54.45 -0.15 (-0.27%) Market Cap: 14.67 Bil Enterprise Value: 15.85 Bil PE Ratio: 25.81 PB Ratio: 2.76 GF Score: 88/100
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Q2 2022 Nolato AB Earnings Call Transcript

Jul 20, 2022 / 12:45PM GMT
Release Date Price: kr60 (-4.46%)
Operator

Welcome to the Nolato Q2 2022 Report. (Operator Instructions)

Today, I am pleased to present Christer Wahlquist, the CEO; and Per-Ola Holmstrom, the CFO. Please begin your meeting.

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

()- -

Welcome to the presentation of Nolato's second quarter 2022. This is Christer Wahlquist speaking. And beside me, I have Per-Ola Holmstrom. Starting on Page 2. We can conclude that we have had a quarter with increasing sales in Swedish currency, amounting to approximately SEK 2.9 billion. However, we saw a decrease by 6% if we adjust for currency effects.

The second quarter was affected by external factors such as COVID, supply chain issues, and the war in Ukraine. So that together, created a profit and EBITA level of SEK 264 million in comparison to SEK 336 million in the second quarter of 2021. That gives an EBITA margin of 9.1 percentage points. And that margin was then, of course, affected by volumes, a lot on the cost

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