© hanza
Electronics Production |
Hanza focused on profitability
Hanza Holding AB reported net sales increase of 27 percent for the quarter ended March 31, 2016. The company reported profitable growth, with significant improvement in earnings and additional new customer projects.
First quarter 2016 financial summary
- Net sales increased by 27 percent to 338.6 million (266.0)
- Excluding acquired and divested operations, the growth was 9 percent
- Operating profit from the operational business areas amounted to SEK 14.5 million (-2.7).
- EBIT amounted to SEK 12.5 million (-4.6)
- Profit after tax amounted to SEK 5.4 million (-7.6),
- Cash flow from operating activities amounted to SEK 5.7 million (-15.3)