Q1 2020: A solid start to the year
Significant events during the first quarter · Net sales rose by 14% (11% adjusted for currency changes) to SEK 158 m (SEK 138 m). · The EBITDA margin was 19% (20%) and was negatively affected by a less favorable product mix but also increased costs in connection with a temporary disruption in production. · Joint venture with Viva5 Corporation in new market niches. · Expanded cooperation with major American customer. · Three new members added to the management team in HR, Sales and Marketing, and R&D. CEO’s comments A solid start to 2020 The year has started off