Midsona AB Publ Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 05, 2021 at 02:00 am EST
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Midsona AB publ announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced sales was SEK 1,083 million compared to SEK 825 million a year ago. Operating income was SEK 66 million compared to SEK 52 million a year ago. Net income was SEK 55 million compared to SEK 35 million a year ago. For the full year, sales was SEK 3,709 million compared to SEK 3,081 million a year ago. Operating income was SEK 257 million compared to SEK 170 million a year ago. Net income was SEK 176 million compared to SEK 97 million a year ago.
Midsona AB, formerly Midelfart Sonesson AB is a Sweden-based company engaged in the development, manufacture and marketing of consumer healthcare products in the Nordic region. Its products are divided into three product areas: Healthfoods, Hygiene, Personal Care. The Company consists of three geographical areas, namely Sweden, Norway and Finland. The business areas in Sweden, Norway and Finland market and sell nutritional supplements, herbal remedies, health foods, skin care and beauty products to grocery stores, pharmacies and health stores in respective geographic markets. The Company has several priority brands, such as Friggs, Urtekram, Naturdiet, Miwana, MyggA, Dalblads, Tri Tolonen, Supernature.
MIDSONA AB 
