Interim report January-June 2020
VBG Group interim report describes an extreme quarter for the Group characterized by the COVID-19 pandemic.Second quarter of 2020 • Consolidated sales decreased by 31.6% to SEK 670.1 M (979.4). • Operating profit declined to SEK 38.2 M (123.3). • Operating margin decreased to 5.7% (12.6). • Profit after financial items declined to SEK 32.6 M (109.6). First half of 2020 • Consolidated sales decreased by 17.3% to SEK 1,627.6 M (1,969.0). • Operating profit declined to SEK 154.1 M (258.8). • Operating margin decreased to 9.5% (13.1). • Profit after financial items