Haldex Interim Report, January - March 2020
Covid-19 puts pressure on operations and Haldex implements long-term structural savings programmeFirst quarter 2020 · Sales fell by 12% and totalled SEK 1,180m (1,339). Currency-adjusted sales fell by 14%. However, the aftermarket has proven to be resilient and saw an increase of 2% compared to same period last year. · Adjusted operating income totalled SEK 43m (97), equivalent to an adjusted operating margin of 3.6% (7.2). · Adjusted operating margin excluding investments in new technology was 4.4% (7.5). · Reported operating income was SEK 30m (97). · Earnings per share