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AALB — Aalberts News Story

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Aalberts jumps as Semicon drives Q1 beat

** Shares in Aalberts AALB.AS rise about 7% after the Dutch industrial technology beat Q1 expectations driven by its Semicon division

** Co reported organic sales growth of 2.8% in Q1, beating analysts' expectations of 0.6% in a company-compiled consensus

** "The star performer was Semicon, with solid beats on sales and earnings, offset by stagnation in Building and Industry, and by higher-than-expected costs for Holding/Other," brokerage Degroof Petercam says in a note

** Broker adds that it may slightly revise its sales estimates on the back of strong organic sales growth

** Up to the previous session's close, shares were up 15%​ YTD

 (Reporting by Hugo Lhomedet)

 ((hugo.lhomedet@thomsonreuters.com))

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