Q2 2019 Interim financial report North Investment Group AB (publ)
Highlights · Group revenue of SEK 225m during the quarter comprising growth of 22.9% (+2.8% proforma 2018 incl Sørlie). Robust commercial development across most business areas. · EBITDA of SEK 15.0m in Q2 (SEK 16.0m). · Unrealized foreign exchange loss 1H 2019 of SEK 5.3m (SEK 1.1m gain 1H 2018). · Appointment of Ole Vinje as CEO, effective from 1st of September. · Integration of Sørlie Prosjektinnredninger continues at full strength. · The Agentur for Fossafe products in Norway taken over in June. · Order backlog of SEK 155m per Q2 2019 (SEK 136m Q2 2018). Key