Interim report January-March 2020
In the interim report for January to March, VBG Group reports a stable quarter despite growing concern globally.• Consolidated sales decreased by 3.2% to SEK 957.5 M (989.6). • Operating profit declined to SEK 116.0 M (135.5). • Operating margin decreased to 12.1% (13.7). • Profit after financial items declined to SEK 113.5 M (121.7). Comment from VBG Group´s President & CEO, Anders Birgersson: VBG Group reports a stable first quarter as regards sales. The operating margin was stable for all divisions except Mobile Climate Control, where we are seeing continued pressure on