The official financial reports are published in Swedish and can be found on our Swedish website at finansiella rapporter.
You can find a consolidated income, balance sheet and cash flow statement for the most recent period under the "Read more" section.
Comments to the third quarter 2020:
The development in own sales in the third quarter was weaker than the corresponding quarter last year, as expected. Covid-19, has continued to inhibit new business relationships, but we have noted a positive change after the summer. Triona has a solid foundation and our employees have worked well under these aggravating circumstances. We continue to have a strong financial situation and we are well prepared to face future challenges together with customers, employees, suppliers and authorities.
During the third quarter, investments in our product operations also continued. The investment of time in our products is driven by new customer collaborations and will in the long run generate increased revenue. In the third quarter, these investments had a negative effect on our profitability of approximately SEK 2.0 million. Despite this, operating profit for the quarter landed at SEK 4.2 (3.5) million.
Own sales were lower in the quarter than in the corresponding period last year, SEK 33.8 (35.2) million, which is mainly explained by the time invested in product operations, but also by higher absence from work and lower demand. Personnel costs were slightly lower than the previous year, SEK 25.3 (26.0) million, which is partly explained by the higher absence. Other external costs are on the same level as previous year, SEK 3.6 (3.6) million. The number of employees at the end of the quarter was 160 (152).