trending Market Intelligence /marketintelligence/en/news-insights/trending/2TkrUkLa6KMSiDKYe0GrhA2 content esgSubNav
In This List

Dometic Group swings to profit in Q2


Street Talk | Episode 105: Banks could see opportunity in fintech's cleansing fire


The Climate Vulnerability Assessment by APRA: Helping Financial Institutions Address Challenges


A Sustainability Framework for Customer and Supplier Credit Risk Management


Lithium Import

Dometic Group swings to profit in Q2

Dometic Group AB said its normalized net income for the second quarter came to 208.8 million kronor, compared with a loss of 211.3 million kronor in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 6.5% from negative 8.6% in the year-earlier period.

Total revenue grew 30.7% on an annual basis to 3.20 billion kronor from 2.45 billion kronor, and total operating expenses increased 29.0% from the prior-year period to 2.72 billion kronor from 2.11 billion kronor.

Reported net income came to 198.0 million kronor, compared with a loss of 441.0 million kronor in the year-earlier period.

As of July 17, US$1 was equivalent to 8.63 Swedish kronor.