The Swedish-based company, which has operations in eight European countries including the UK (Allan Brothers) and Ireland (Carlson), saw its operating profits grow to SKr105m (2012: SKr66m) in Q2, despite sales dipping marginally.
For the first half of 2013, operating profits were SKr86m (2012: SKr47m) with sales down by 4% to SKr1.99bn.
“The second quarter of 2013 was pervaded by continued tough market conditions, with unpredictability and caution being clear characteristics,” saod Inwido CEP Håkan Jeppsson.
“Consumers in the Nordic region and in Europe remain doubtful regarding the economic trend and many are delaying purchasing decisions.”
But Mr Jeppsson said Inwido had worked hard to control costs and. “Today, Inwido is a well-trimmed company with a strong market position, meaning we have good potential when the market improves.”
