Interim report January-March 2023
SALES START OF GARO ENTITY WITH AN IMPROVED MATERIALS SITUATION AT THE END OF THE QUARTER JANUARY - MARCH 2023 · Net sales amounted to MSEK 370.3 (381.6). · Net sales declined 3% (+31). · EBIT amounted to MSEK 27.8 (66.8). · EBIT margin amounted to 7.5% (17.5). · Net income was MSEK 20.7 (53.7). · Earnings per share amounted to SEK 0.41 (1.07). EVENTS DURING THE QUARTER · Sales start of GARO Entity, the new product program for destination charging, with the first deliveries of GARO Entity Pro to customers in Sweden and the UK. · GARO Electrification has