Nordic reseller Dustin says COVID-19 could have long-term impact on its business

Scandinavian reseller Dustin has warned that the coronavirus could have a long-term effect on its business as a result of increased uncertainty in the market. Dustin reported its Q2 results today for the three-month period until 29 February. Net sales grew by 10.2 per cent to SEK 3.54bn (€323.95m), while adjusted EBITA came in flat at SEK 154m. Adjusted EBITA margin fell by 20 basis points to 4.3 per cent. Organic growth came in at five per cent, compared with 6.9 per cent in Q2 last ye...