Significant improvement in earnings in third quarter
PE continued to deliver improved earnings in the third quarter compared with the previous year. EBITA for the quarter was SEK 2 million (–22), despite challenging market conditions. The improvement in earnings is consistent with our long-term strategic initiative launched in 2019 to improve the margins. Net revenue declined to SEK 220 million (269) in the quarter as a result of restructuring work and the impact of Covid-19.Third quarter, 1 July–30 September 2020 · Net revenue totalled SEK 219.5 million (269.0) · EBITA increased to SEK 2.3 million (–22.2) and the EBITA margin rose to