JULY -
· Sales amounted to 3,328 MSEK (4,244).
· Operating profit, excl. non-recurring items, increased to 593 MSEK (583).
· Operating margin, excl. non-recurring items, increased to 17.8 percent (13.7).
· Profit after tax increased to 426 MSEK (355).
· Earnings per share increased by 20 percent to
· Operating cash flow amounted to 773 MSEK (812).
· Non-recurring items, before tax, amounted to 0 MSEK (100).
· Significant event after the end of the period: The Board of Directors proposes a dividend of
JANUARY -
· Sales amounted to 10,022 MSEK (11,734).
· Operating profit, excl. non-recurring items, amounted to 1,389 MSEK (1,720).
· Operating margin, excl. non-recurring items, amounted to 13.9 percent (14.7).
· Profit after tax amounted to 953 MSEK (1,206).
· Earnings per share amounted to
· Operating cash flow amounted to 1,525 MSEK (1,875).
· Non-recurring items, before tax, amounted to 76 MSEK (100).
The third quarter 2020 showed sales of 3,328 MSEK, an increase by 32 percent compared to the previous quarter positively affected by demand that has begun to recover. At the same time, the sales decreased by 22 percent compared to the corresponding quarter previous year. The lower sales were affected by Covid-19 and which impacted the countries we are in and the customers we supply with our products as well as lower sales prices. We also continued to reduce our costs during the third quarter compared to previous quarters. That means we delivered a very strong adjusted EBIT of 593 MSEK (583), which corresponds to a margin of 17.8 percent (13.7). At the same time, we generated a good operating cash flow of 773 MSEK (812).
For more information, please contact:
Peter Rosén, Acting CEO & CFO
Tel: +46 (0)40 25 46 60
This press release consists of such information that
https://news.cision.com/hexpol/r/hexpol-interim-report-january---september-2020,c3221735
https://mb.cision.com/Main/1100/3221735/1323315.pdf
(c) 2020 Cision. All rights reserved., source