Oct 23, 2020 / 09:00AM GMT
Operator
Ladies and gentlemen, welcome to Momentum Group AB's Q2 Report for 2020. Today, I am pleased to present Ulf Lilius, Niklas Enmark and Clein Ullenvik. (Operator Instructions)
I will now hand over to the speakers. Please begin.
Ulf Lilius - Momentum Group AB(publ)-President&CEO
Thank you. First, I would like to say welcome to our web meeting presenting our interim report for our first 6 months, together with my colleagues, Niklas and Clein.
If we move to Slide 4, I will give you some highlights from the report. The COVID-19 pandemic have had a continued effect on the group's operations during the second quarter, together with weak summer months. The group sales in July was down 14%; in August, 11%; and in September, minus 7%. So it's recovered gradually during the quarter. Actions have been taken to mitigate the negative effects of lower demand in both business areas, where business area Components & Services managed to maintain a stable profit development during the period.
Half Year 2021 Momentum Group AB Earnings Call Transcript
Oct 23, 2020
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers