ORGANOCLICK AB (PUBL) PUBLISH INTERIM REPORT FOR Q3 2022
During the third quarter, our first major deliveries to Duni commenced, which resulted in good growth for the Nonwoven & technical textiles business unit. The Functional wood and Green coatings & maintenance products business units are now noticing an impact from the deteriorated hardware market, with a fall-off in sales. Overall, the Group’s sales decreased by -1.7 (13.5) percent to SEK MSEK 22.3 (22.6). By contrast, cash flow from operating activites strengthened considerably to MSEK 3.5 (-0.2) thanks to reduced inventory levels.Translation from CEO Mårten Hellbergs comments to the