Interim Financial Report January – March 2021
Good profitability with elevated activity at our customers The first quarter of 2021 can be characterized as highly active and reflected by the strong sales in the quarter. When compared with Q1 2020 our sales increased 11.7% to SEK 471 million. The good volumes and continued focus on cost management led to an Adjusted EBITDA of SEK 52.6 million or a margin of 11.2%. The revenue increase can be seen within the growth in the Passenger Car segment which increased as a percentage of our revenues to 15.5% from 9.9% in Q1 2020. We continued to monitor our supply chain for signs of