Addnode Group: First comment Q2, restructuring costs affected earnings negatively
Today, Addnode Group presented the report for the second quarter. Sales came in at SEK 587. 5m, which was higher than our expected SEK 553m. On the negative side, EBITA came in at SEK 32.
8m compared to our expected SEK 43. 5m. However, EBITA was negatively affected by restructuring costs of approximately SEK 5m within Process Management and also by recruits for further growth within Product Lifecycle Management.