During the second quarter of the year, net sales increased by 3 percent to SEK 2,331 million, operating EBITA increased to SEK 263 million (261), while the operating EBITA margin increased to 11.3 percent (11.6).
"Extra positive in the quarter was the development in business area e-Commerce, where sales increased by 15 percent and profit more than doubled. The development in business area Western Europe was also pleasing, where the Carlson business unit in Ireland booked Inwido's largest single order to date. Also, Inwido's larger Danish business units delivered well during the quarter," says Fredrik Meuller, president and CEO, and continues:
"We are gearing up to reach our long-term financial goals of SEK 20 billion in turnover by the year 2030. Acquisitions are an important part of this journey, and it is therefore reassuring that the M&A climate has improved significantly during the spring."
"Along with growth initiatives within the group, there are also several external driving forces such as energy efficiency and sustainability, which favor Inwido's long-term growth. The green transition is gaining momentum, and our position and sustainability activities are increasingly getting noticed by external stakeholders".