Gunnebo Interim Report January-March 2018
Comments on the first quarter by Gunnebo’s President and CEO, Henrik LangeSales during the first quarter of the year were slightly lower than the corresponding quarter of 2017 when several major projects were delivered. This, as well as continued challenges with profitability in France, have led to a lower operating profit of MSEK 49. Cash flow for the quarter was MSEK 39, which is a clear improvement compared to the first quarter of last year. DEVELOPMENT OF OUR BUSINESS The strategic review of our French business continued during the first quarter. Our main focus is to reposition