EBITA improved to SEK 41m (22) but was 8 per cent lower than our expectations. Continued elevated cost levels due to capacity constraints, covid and expansion program in Other markets, as well as low profitability in newly acquired Beyer has hampered margin development
HANZA expects expansion programs to end in Q2 and the result in Other markets to normalize during this year
HANZA says the general economy is difficult to predict but that it gets frequent new requests from companies affected by disruptions.
We intend to return with a complete follow-up on the Hanza Q1 report shortly