Strategic initiatives strengthen margin
PE continued to deliver strong earnings in the second quarter despite challenging market conditions. EBITA amounted to SEK 31 million (16) and the EBITA margin more than doubled to 9.7 percent (4.4). The improved profitability is attributable to our long-term strategic investment in 2019, which resulted in lower costs and greater efficiency. Net revenue declined to SEK 320 million (362) as a result of restructuring work and the effects of Covid-19.Second quarter, 1 April–30 June 2020 · Net revenue totalled SEK 320.0 million (361.6) · EBITA was SEK 30.9 million (16.1) and the EBITA