Nolato’s Industrial Solutions affected by automotive industry’s production suspensions
Nolato’s Industrial Solutions business area generates around 40% of its sales from the Scandinavian automotive industry, which is now generally halting production for a period. This means that Nolato will also be halting production of automotive-related products for a corresponding period. Approximately 10% of the Nolato Group’s sales is generated from the automotive industry. “Nolato’s other two business areas, Medical Solutions, accounting for just over 30% of sales, and Integrated Solutions, just over 40% of sales, are continuing according to plan,” commented Christer Wahlquist,