Second quarter sales at Swedish injection moulder Nolato (Toreskov; www.nolato.com) surged 11% to SEK 2.7 bn (EUR 272m), adjusted to exclude currency changes and acquisitions, with all business areas contributing to growth. Operating profit (EBITDA) climbed 25% to SEK 336m – a new quarterly record bolstered by efficiency improvements. First-half group sales gained 15% at SEK 5.431 bn while EBITDA increased 26.2% to SEK 644m.

Adjusted Q2 sales of the Medical Solutions segment improved 2% at SEK 1.02 bn while EBITDA was one-fourth better at SEK 124m. The acquisition of GW Plastics had a dilutive effect on margins (see Plasteurope.com of 17.08.2020).

Thanks to the Vaporising Heating Products and the Electromagnetic Compatibility (EMC) business units, adjusted sales of Integrated Solutions expanded 12% to SEK 1.18 bn. But EBITDA eased 7.2% at SEK 154m. Nolato warned of potential third-quarter risks of disruptions due to shortages of electronic components.