Beijer Ref Q3 2020
Third quarterNet sales decreased by 2.9% in the third quarter compared to the same period last year and amounted to SEK 3,837M (3,953). Acquisition effects amounted to 3.3% (1.7%). Currency effects amounted to -4.5% (2.7%). Organic growth was -1.7% (5.2%), mainly due to lower refrigerant prices. Covid-19 has also had a negative impact, but the end of the quarter shows sales on a par with the previous year. The company's product area in HVAC business shows organic growth of 8.5%. The operating profit for the quarter amounted to SEK 342M (358), a decrease of 4.5% compared with the same