Midsona AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 02:00 am EDT
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Midsona AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SEK 903 million compared to SEK 859 million a year ago. Operating income was SEK 42 million compared to SEK 73 million a year ago. Net income was SEK 24 million compared to SEK 40 million a year ago. Basic earnings per share from continuing operations was SEK 0.37 compared to SEK 0.62 a year ago. For the half year, sales was SEK 1,868 million compared to SEK 1,805 million a year ago. Operating income was SEK 96 million compared to SEK 144 million a year ago. Net income was SEK 57 million compared to SEK 87 million a year ago. Basic earnings per share from continuing operations was SEK 0.88 compared to SEK 1.34 a year ago. Diluted earnings per share from continuing operations was SEK 0.87 compared to SEK 1.33 a year ago.
Midsona AB, formerly Midelfart Sonesson AB is a Sweden-based company engaged in the development, manufacture and marketing of consumer healthcare products in the Nordic region. Its products are divided into three product areas: Healthfoods, Hygiene, Personal Care. The Company consists of three geographical areas, namely Sweden, Norway and Finland. The business areas in Sweden, Norway and Finland market and sell nutritional supplements, herbal remedies, health foods, skin care and beauty products to grocery stores, pharmacies and health stores in respective geographic markets. The Company has several priority brands, such as Friggs, Urtekram, Naturdiet, Miwana, MyggA, Dalblads, Tri Tolonen, Supernature.
MIDSONA AB 
