Gunnebo publishes preliminary financial results for July and August 2020 as well as outlook for September and the fourth quarter of 2020
Due to GB HoldCo AB, indirectly owned by Altor Fund Manager AB and Stena Adactum AB, submitting a public takeover bid for Gunnebo, Gunnebo publishes certain preliminary financial information for July and August 2020 and outlook for September and the fourth quarter, 2020.Preliminary net sales for July – August 2020 amounted to MSEK 624 (857) with a preliminary operating profit (EBITA) of MSEK 6 (32). The main reason for the deviation from the previous year is that the company still is negatively affected by Covid-19 and its consequences, which, among other things has resulted in lower demand