May 12, 2020 / 06:30AM GMT
Operator
Good morning, everyone, and welcome to the Scandi Standard Interim Report for the First Quarter 2020. My name is Seb, and I'll be the operator on your call today. (Operator Instructions) I will now hand over to Leif Bergvall to begin the call. Please go ahead.
Leif Bergvall Hansen - Scandi Standard AB(publ)-CEO - President & MD
Good morning, everybody. I hope you had a good start to the day.
Starting on Page 1. Just to remind you of the Scandi Standard long track record of very stable results which continue into this quarter.
So if you go on to Page 3. On behalf of everybody in Scandi, I'm very happy to report that the stability continued into Q1 in spite of COVID-19. The quarter with a strong operating performance, 1% revenue growth and 6% increase in adjusted EBITDA. A solid operating cash flow. And all in all, I'll say that the business is resilient to the COVID-19 effects to which I will talk a bit more about further into the presentation. We report noncomparable items altogether of SEK 42
Q1 2020 Scandi Standard AB (publ) Earnings Call Transcript
Feb 29, 2024
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