Brief: Alimak Group Q1 Adjusted EBITA Down At SEK 79 Mln

Alimak AB (publ)

24/04/2020 07:14

April 24 (Reuters) - Alimak Group AB (publ)  ALIG.ST :
    * ALIMAK GROUP: INTERIM REPORT JANUARY - MARCH 2020
    * Q1 ORDER INTAKE DECREASED BY 3% TO MSEK 1,067 (1,101) WITH
AN
ORGANIC DECREASE OF 5%
    * Q1 REVENUE DECREASED BY 21% TO MSEK 916 (1,167) WITH AN
ORGANIC
DECREASE OF 23%
    * Q1 EBITA ADJUSTED. DECREASED TO MSEK 79 (153), MARGIN 8.7%
(13.2)
    * COVID-19 IMPACTED CONSTRUCTION AND INDUSTRIAL EQUIPMENT
BUSINESS
AREAS IN TERMS OF SUPPLY CHAIN PRODUCTION OUTPUT
    * STABLE ORDER INTAKE WITH CONTINUED GROWTH FOR AFTER SALES
AND
SEQUENTIAL IMPROVEMENTS IN CONSTRUCTION EQUIPMENT

Source text for Eikon:  ID:nWkr1b7z8S 
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