Arjo’s operating profit for the second quarter of 2020 estimated to be significantly better than expected
Arjo expects its operating profit for the second quarter of 2020 to increase by more than 30% compared to the corresponding quarter in 2019, which is significantly better than the consensus from analysts.
Net sales in the second quarter are expected to be in line with a strong second quarter in 2019. Arjo continues to see a strong development in medical beds, high demand within rental operations and a healthy performance within the diagnostics business; this while the Group’s restricted access to hospitals and elderly homes is holding back growth during the quarter. The growth is further