Bulten’s Q4 report 2019
Strategic measures implemented, strong order bookings and an agreement for acquisition create a stronger position for 2020.FOURTH QUARTER
· Net sales amounted to SEK 784 (747) million, an increase of 5.0% on the same period last year. · Operating earnings (EBIT) totaled SEK 27 (48) million, equating to an operating margin of 3.5% (6.4). · Operating earnings (EBIT) adjusted for costs attributable to relocation in China and the acquisition of PSM totaled SEK 42 (49) million, equating to an adjusted operating margin of 5.4% (6.6). · Earnings after tax amounted to SEK 11 (30)