North Investment Group AB - Q1 2020
Q1 2020 Interim financial report
FINANCIAL HIGHLIGHTS
- Group revenue of SEK 201m (SEK 239m).
- Gross profit margin 41.7% (35.9%).
- EBITDA of SEK 19m (SEK 22.8m).
- Net operating cash flow SEK 7.2m (SEK –17.5m).
- Covid-19 impacts negatively on order income.
- Cost reduction program for 2020 progressing according to plan.
- Order backlog of SEK 88.9m (SEK 118m).