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Q1 2020 Duni AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Duni AB interim report. Today, I'm pleased to present Johan Sundelin, CEO; and Mats Lindroth, CFO. (Operator Instructions)
I will now hand over to Johan Sundelin. Please go ahead.
()-&
Thank you and welcome to this quarter 1 result presentation. Yes, officially, quarter 1 result presentation. But since Duni, for the first time ever, today has released forecast for quarter 2, I know there's probably a lot of interest in talking about that. And I will come back to that. But since it is the Q1 presentation, let's start with some highlights from the first quarter before we move into what we think about the COVID-19 impact of quarter 2.
So if you're looking at the net sales in the quarter, we saw totally a bit of decline with a couple of percentages. However, it was quite a difficult -- a different situation depending on which month you look at. We had actually a very good development in January and February, but then
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