Addnode Q2 EBITA drops 37.8% to SEK 148 million; net sales slip 0.5% to SEK 1.45 billion

PUBT · 2d ago
Addnode Q2 EBITA drops 37.8% to SEK 148 million; net sales slip 0.5% to SEK 1.45 billion
  • Addnode Group Q2 net sales slipped 0.55% to SEK 1.45 billion; organic growth was -11%.
  • EBITA fell 37.82% to SEK 148 million; the EBITA margin narrowed 6.1 percentage points to 10.2%.
  • Operating profit dropped 65.88% to SEK 58 million; the operating margin shrank 7.7 percentage points to 4%.
  • Net profit tumbled 80.77% to SEK 20 million; cash flow from operating activities improved to SEK 62 million from a year-earlier outflow.
  • Design Management launched a restructuring program targeting about SEK 100 million in annual cost savings; Q2 restructuring costs were SEK 28 million.


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