North Investment Group AB - Q1 2020
Q1 2020 Interim financial reportFINANCIAL HIGHLIGHTS · Group revenue of SEK 201m (SEK 239m). · Gross profit margin 41.7% (35.9%). · EBITDA of SEK 19m (SEK 22.8m). · Net operating cash flow SEK 7.2m (SEK –17.5m). · Covid-19 impacts negatively on order income. · Cost reduction program for 2020 progressing according to plan. · Order backlog of SEK 88.9m (SEK 118m).