Nilfisk, a leading global provider of professional cleaning products
and services, announces its financial results for the second quarter of 2018.
Nilfisk delivers a strong financial performance with a total revenue
of 284.5 mEUR leading to an organic growth of 5.8% driven by a positive
development in four out of five operating segments.
Strong growth rates are especially seen in the segment EMEA (Europe and
Middle East) as well as the Specialty Professional and Specialty Consumer
segments, both delivering double-digit growth of 18.7% and 14.3% respectively.
Robust operating performance
The gross margin for the total business is 42.8%
which represents a 0.4 percentage point increase from the previous quarter and
an unbroken improvement over the previous quarters. According to Nilfisk the
positive gross margin development is especially driven by the professional
business across regions, along with a positive impact from the company’s cost
EBITDA before special items was 34.9 mEUR
leading to an EBITDA margin before special items of 12.3% and a robust
operating performance of 12.5%.