Increased order intake and strengthened margins, but uncertain market prospects
President & CEO Henrik Hjalmarsson comments on the first quarter of 2020:“Despite the serious development of the Covid-19 pandemic, Inwido's first quarter was largely in line with our expectations. Sales were on par with the previous year, the margin was strengthened, cash flow was positive for the season, order intake was good and we have at the same time worked diligently to be prepared for future challenges ”.
“Net sales during the first quarter amounted to SEK 1,448 million (1,443). Operating EBITA increased to SEK 48 million (45) and the operating EBITA margin increased to 3.3