Growth comment We are still in a strong position for the future

Someone once said that a company was best positioned to take market shares during an economic downturn. That should apply to our group as well.

In an era plagued with inflation and high energy costs, at the same time as interest rates are rising, I am pleased to note that our business areas are meeting these challenges with measured responses. After a negative outcome in the first half of the year, we are now showing a profit for the second half of 2022.

Sales for the second half of 2022 are projected to be just over SEK 345 million, which is an improvement of SEK 17 million compared with the same period the previous year. Operating profit for the second half of 2022 is projected to be SEK 14.1 million, which is SEK 10.0 million better than the same period the previous year.

The investment level in 2022 increased after a long period of caution in the light of the pandemic and logistical disruptions. As a result of an increased investment rate, along with some disruptions that reduced our cash flow, our debt ratio has increased somewhat but is still low. Otherwise, we are still in a strong position for the future.