A strong quarter with substantial e-commerce growth
President & CEO Henrik Hjalmarsson comments on the second quarter and the first six months of 2020:“I am pleased to present the fifth consecutive quarter with improved margins and a strong cash flow. Despite the Covid-19 pandemic, Inwido delivered growth as well as better profit than the corresponding quarter in 2019. We are entering the third quarter with a 12 percent higher order backlog compared to the corresponding time last year”.
“Backed by a positive consumer market and a high growth rate in e-Commerce, net sales landed at SEK 1,719 million (1,710), despite the fact that our