Volati announces preliminary results for Q1 2020 and issues an update on the impact of the coronavirus
In view of the general uncertainty about the economic effects of the coronavirus, Volati today issues its preliminary results for Q1 2020 with a general update of the business situation. According to preliminary figures for Q1 2020, the Group’s net sales increased by 7 percent to SEK 1,658 (1,544) million and EBITA rose by 65 percent to SEK 62 (37) million compared with the same quarter the previous year. Net sales for the last 12-month period, ending 31 March 2020, rose to SEK 6,947 million and EBITA increased to SEK 537 million. Up to and including 16 April, the coronavirus has had