Year end report January-December 2019
October-December 2019 · Net sales were 344.1 MSEK (279.1), an increase of 23.3% from the equivalent quarter in 2018. · Operating income increased to 14.1 MSEK (15.8), an operating margin of 4.1% (5.7). During the quarter there were one-off costs of 8.2 MSEK (0.0), mainly relating to the closure of the assembly operation in Denmark. · The acquired business Hotbath contributed 73.0 MSEK to net sales and 6.1 MSEK to operating profit after amortization of intangible assets. · Earnings per share were 0.68 SEK (0.89). · Cash flow after investments was 54.3 MSEK (42.9).