CEO Leif Bergvall Hansen comments on the first quarter
May 10, 2016
The year has started with strong growth in net sales driven by continued good demand in Sweden and a recovery of the market in Norway.
In Norway, we also benefitted from new customer contracts. We had a particularly strong development in chilled products with a growth of 16 percent at constant exchange rates. The adjusted operating margin was somewhat lower than last year due to the consolidation of the Finnish operation, which was effective as of the second quarter last year. The adjusted margin for comparable units improved to 5.7 percent.