Addtech: Falls after worse-than-expected Q4 results

Addtech AB

18/05/2021 08:14

** Shares in Swedish technology trading company Addtech
 ADDTb.ST  fall 4.2% after the company reported
worse-than-expected Q4 results
    ** Addtech reported Q4 operating profit of SEK 266 mln
($32.05 mln), below Refinitiv estimates of SEK 298 mln and
year-ago level of SEK 352 mln
    ** Stock is one of the worst performers on pan-European
STOXX 600  .STOXX  index


($1 = 8.3006 Swedish crowns)

 ((paulina.cwikowska@tr.com))