North Investment Group AB - Q4 2020
Q4 2020 Interim financial report
FINANCIAL HIGHLIGHTS
- Group revenue of SEK 217.4m (SEK 218.5m).
- Gross profit margin 38.4% (38.3%).
- EBITDA of SEK 21.9m (SEK -3.4m).
- Net operating cash flow SEK 25.5m (SEK 15.4m).
- Closing production facility in Tranås, Sweden.
- Restructuring cost related to closing of factory SEK 3m.
- Further cost reductions in Sweden executed.
- Order backlog of SEK 111.8m (SEK 84.1m).
North Investment Group is a leading supplier of quality furniture and wardrobe solutions and offers products to a broad range of industries and has a sound mix of public and private customers in Scandinavia.