Haldex Interim Report, July - September 2020
Gradual recovery and positive operating incomeTHIRD QUARTER 2020 · Sales declined organically by 19% and totaled SEK 964m (1,283). The downturn is mainly explained by COVID-19 and its impact on new manufacturing of trucks and trailers. The aftermarket was more stable. · Adjusted operating income totaled SEK 58m (85), equivalent to an adjusted operating margin of 6.0% (6.6). Fixed costs decreased by a total of SEK 49m in the quarter. The structural savings programs of SEK 200 million in annual savings contributed SEK 26 million in the quarter. Full effect is expected to