North Investment Group AB - Q4 2019
FINANCIAL HIGHLIGHTS · Group revenue of SEK 218m during the quarter comprising growth of 15.7% (-12.85% proforma 2018 incl. Sørlie). · EBITDA of SEK -3.4m (SEK 17.4m). · Foreign exchange loss YTD in 2019 of SEK 8.5m (SEK 0.8m loss in 2018). · Non-recurring cost of approximately SEK 12m booked in Q4 related to cost reductions. · Cost reduction program for 2020 progressing according to plan. · Order backlog of SEK 84.1m per Q4 2019 (SEK 103.3m Q4 2018).