Wenn das Geld nicht mehr kommt ist man in Q2 12% geschrumpft organisch - das ist schon ne Nummer für ein Wachstumsunternehmen das bis eben noch ein KUV von 4 hatte..
For the second quarter, the company achieved a preliminary organic sales growth of 9% excluding one-off customer credits related to accounts receivable, and -12% including the credits.
...in H2 2022, and potentially 2023, we have made the following operational changes to our way of working:
Improved our sales processes to better assess customers’ liquidity and ability to pay, such as by evaluating credit history and setting reasonable prepayment requirements when necessary. Favouring working capital and due to a more conservative approach to credit terms, during the quarter the company has chosen to decline some orders.
Reviewed old, inadequate accounts receivable processes and improved collection and invoicing activities by enhancing collection processes and adjusting payment terms. Proactive resolutions of old accounts and uncertain receivables resulted in total credit and credit provisions of -59 MSEK in the second quarter, resulting in a negative EBITDA of -43 MSEK (net of credit and cost of goods). This one-off adjustment significantly reduces the due accounts receivable in the group. Products returned and credited are anticipated to ship to other customers in H2 2022, which increases our capacity to deliver products in H2, the company’s historically strongest part of the year. |
Thread abonnieren
