AB Fagerhult Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:15 am EDT
AB Fagerhult announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was SEK 1,726 million compared to SEK 2,055.4 million a year ago. Operating income was SEK 153.6 million compared to SEK 174.8 million a year ago. Net income was SEK 97.6 million compared to SEK 111.9 million a year ago. Basic earnings per share was SEK 0.55 compared to SEK 0.74 a year ago. For the half year, sales was SEK 3,415.4 million compared to SEK 3,649.7 million a year ago. Operating income was SEK 164.3 million compared to SEK 332.9 million a year ago. Net income was SEK 80.7 million compared to SEK 203.7 million a year ago. Basic earnings per share was SEK 0.46 compared to SEK 1.56 a year ago.