Scandi Standards AB (publ) interim report January - March 2022
Uncertain world drives further price focusJanuary – March 2022 · Net sales amounted to MSEK 2,793 (2,469) in the first quarter 2022. At constant exchange rates net sales increased by 10 percent. · Operating income (EBIT) decreased by 58 percent to MSEK 37 (88), corresponding to a margin of 1.3 (3.5) percent. · Income for the period amounted to MSEK 10 (54). Earnings per share amounted to SEK 0.10 (0.84). · Operating cash flow was MSEK 6 (109). Significant events in the quarter · The war in Ukraine contributes to increased uncertainty regarding food supply in Europe.