Gardena Divisions News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 Strong start of the year First quarter 2021 Net sales increased by 15% to SEK 14,030m (12,208). The organic growth was 24%, changes in exchange rates impacted with -10% and acquisitions with 1% Operating income increased by 61% to SEK 2,293m (1,424). The operating margin was 16.3% (11.7). For the rolling 12-month period the operating margin amounted to 12.2% (8.9), excluding items affecting comparability. Earnings per share after dilution amounted to SEK 2.89 (1.73). Cash flow from operations and investments was SEK 1,548m (416). Direct operating cash flow was SEK 143m (-132).  Operat...

Fourth quarter 2020 Net sales increased by 4% to SEK 6,683m (6,408), or by 13% when adjusted for changes in exchange rates. (Exits of Consumer Brands business were completed in Q3). Operating income was SEK -944m (-493). Excluding items affecting comparability, operating income amounted to SEK -129m (-310). Items affecting comparability amounted to SEK -815m (-183) and relate to the supply chain efficiency measures announced in Q3 2020, see page 4 and 16. Earnings per share after dilution amounted to SEK -1.26 (-0.67). The Construction Division acquired Blastrac, a leading provider of com...