Beijer Ref Q2 2020
Second quarterNet sales decreased by 16.5% in the second quarter compared to the same period last year and amounted to SEK 3,338M (3,996). Acquisition effects amounted to 2.6% (6.9%). Negative currency effects amounted to -1.3% (2.6%). Organic growth was negative at -17.8% (4.4%). The end of the quarter shows a recovery and sales on a par with the previous year. The operating profit for the quarter amounted to SEK 241 M (373), a decrease of 35% compared with the same period last year. The operating margin amounted to 7.2% (9.3%). The main reason is the effects of Covid-19, but also to