Haldex Interim Report, April - June 2020
Sharply reduced sales, signs of recovery in aftermarketSecond quarter 2020 · Sales fell by 37% and totalled SEK 875m (1,389). Currency-adjusted sales fell by 37%. The decline is mainly explained by covid-19 and its effect on production of trucks and trailers. The aftermarket was also affected, but as road transport returned in June and we are already seeing some recovery. · Adjusted operating income totalled SEK -3m (91), equivalent to an adjusted operating margin of -0.3% (6.5). Costs decreased by SEK 49 million, of which long term structural savings programs contributed SEK 5