Absolent Group Q1 2021 Interim Report

Absolent Group's Q1 2021 interim report shows net sales of 233.1 MSEK, down 16.5% year-over-year, with EBITA of 26.4 MSEK at 11.3% margin. The company expanded production capacity to meet increased order intake following the pandemic, while completing cost reduction initiatives and acquiring Tessu Systems in the commercial kitchen segment.