Interim report January – June 2014
A quarter of changeThe second quarter april – june 2014 · Net sales were SEK 411 M (490), a decrease of 16% and 21% adjusted for changes in exchange rates. More than half of the decline referred to lower revenues from two pan-European customers, a decline in France largely related to reductions in the e-mail channel, reductions in non-core business and declines in markets where offices recently were closed. · Gross margin amounted to 22.1% (23.2). Gross profit was SEK 91 M (114), a decrease of 20% and 25% adjusted for changes in exchange rates. · The gross profit in Q2 decreased