North Investment Group AB - Q2 2020

FINANCIAL HIGHLIGHTS

• Group revenue of SEK 179.6m (SEK 225m).
• Gross profit margin 38.7% (41.4%).
• EBITDA of SEK 15.4m (SEK 15m).
• Net operating cash flow SEK 2.7m (SEK –1.8m).
• Covid-19 impacts negatively on reported revenue.
• 27% reduction in salary and personnel expense compared to Q2 2019.
• Cost reduction program for 2020 progressing according to plan.
• Order backlog of SEK 136.2m (SEK 155.4m).