FM Mattsson Mora Group reported sales results for the first quarter of 2018. For the quarter, the company reported net sales were approximately 4% lower than in the same period last year. The main factors are lower sales volume and lower efficiency in production. Negative currency effects and higher sales costs due to increased market activities also impacted results negatively. Significant initiatives have been made within sales and marketing, specifically an increased number of sales personnel and increased attendance at industry fairs.

For the quarter the company operating profit is expected to be approximately SEK 16.5 million compared to SEK 32.0 million in the same period in 2017.