During the fourth quarter, net sales decreased by 13%, organically -21%, mainly linked to the reduced volumes in new construction in Sweden and Finland. Operating EBITA amounted to SEK 290 million (315), while the operating EBITA margin increased to 12.7 percent (12.1). The total order intake is unchanged compared to the corresponding quarter last year (-6 percent adjusted for acquisitions). Sidey Group, Inwido's largest acquisition to date, has contributed positively to the group since July.  

”The fact that Inwido is not only succeeding in defending its margins under these circumstances, but is also strengthening them, is something I’m proud of. At the same time as we are working on a market that remains challenging, we are also now in the midst of the cold winter months, when consumers are less likely to replace their windows”, comments Peter Welin, CFO and acting President & CEO.

Read the complete press release in the attached pdf.