July -
- Net sales decreased by 7 % and amounted to
SEK 820 (885) million - Organic growth amounted to -15 (29) %
-
Adjusted EBIT amounted to
SEK 17 (69) million with a margin of 2.1 (7.8) % -
Cash flow from operating activities amounted to
SEK -98 (69) million -
Earnings per share for the period before and after dilution amounted to
SEK -0.40 (0.74)
- We can conclude that the activity in housing construction remained at a very low level during the third quarter which has also resulted in delays in projects related to local infrastructure, such as new blocks, access roads, and other community development, which are affecting our operations. Overall, the financial performance in the quarter was not satisfactory and we have implemented additional measures to improve profitability both in the short and long term. As a strategic partner and a leading player in the Nordic region, we have a strong position in the market and are well positioned to capitalize on business opportunities even in a weaker market climate, says
The interim report is attached in its entirety to this press release and on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/
A presentation and a recorded video where the company's CEO and CFO comment on the report will be available on the company's website: https://nordiskbergteknik.se/en/investors/reports-and-presentations/
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https://mb.cision.com/Main/18649/3867450/2401321.pdf
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