Q4 2020 Indutrade AB Earnings Call Transcript

Feb 13, 2024

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Feb 02, 2021 / 09:00AM GMT
Operator

Hello, and welcome to Indutrade Year-end Report for 2020. (Operator Instructions) Today, I am pleased to present CEO, Bo Annvik; and CFO, Patrik Johnson. Please go ahead with your meeting.

Bo Annvik - Indutrade AB(publ)-CEO - President & Director

Good morning, and welcome on our behalf as well. If we start the presentation with a summary of the year 2020, we are obviously very happy and satisfied with the end result of the year. If we look back briefly, to start with, the year started out in a very strong way for us. We had a really good quarter 1 with a strong order intake, in total, 17% and organically, 7% and an EBITA margin of 12.4%.

So we were happy. And obviously, we got worried as the pandemic spread and came into our markets in a more severe way. So we early on decided on 3 priorities. We have spoken on this before. Obviously, the health and safety of our people; and then to protect our profit margins, work with cost management; and thirdly, to try to capture business opportunities in a dynamic and

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