Full Year 2020 Momentum Group AB Earnings Call Transcript
Ladies and gentlemen, welcome to the Momentum Group AB Q4 Report 2019/2020. (Operator Instructions) Today, I am pleased to present CEO, Ulf Lilius; and CFO, Niklas Enmark. Please begin your meeting.
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Thank you. First, I would like to say welcome to our web meeting presenting our financial report for our financial year 2019/2020, together with my colleague, Niklas Enmark, Executive Vice President and CFO.
If we move to Slide 4, I will give you some highlights from the quarter. The COVID-19 pandemic had limited effect on the group operations during the fourth quarter. It mostly affected the 2 last weeks in March. The industrial market in Norway continued to display a stable performance during the fourth quarter. In Sweden and Finland, we could sense a little bit weaker sentiment in some customer segments. We continue to improve our efficiency and profit, which resulted in an increase in EBITA of 10% to SEK 91 million compared to SEK 83 million previous
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