Brief: Alleima Q2 Adjusted EBIT Down At SEK 592 Mln

Alleima AB

19/07/2024 10:38

July 19 (Reuters) - Alleima AB  ALLEI.ST :
    * Q2 ADJUSTED OPERATING PROFIT (EBIT) AMOUNTED TO SEK 592
MILLION
(642), CORRESPONDING TO A MARGIN OF 11.1% (11.4)
    * Q2 REVENUES SEK 5,359 MILLION VERSUS SEK  5,638 YEAR AGO
    * Q2 ORDER INTAKE FOR ROLLING 12-MONTH PERIOD DECREASED BY
7% TO
SEK 20,135 MILLION (21,636), WITH ORGANIC GROWTH OF -4%
    * BACKLOG REMAINED SOLID WITH A GOOD PRODUCT MIX
    * WE SEE SLIGHTLY IMPROVED MARKET CONDITIONS, ALTHOUGH
SOMEWHAT
CAUTIOUS, ESPECIALLY IN NORTH AMERICA
    * OUTLOOK Q3:  PRODUCT MIX IS EXPECTED TO BE SIMILAR TO THAT
OF
THE SECOND QUARTER
    * CASH FLOW IS  NORMALLY HIGHER IN THE SECOND HALF OF THE
YEAR
THAN IN THE FIRST HALF
    * OUTLOOK Q3: ORDER INTAKE, REVENUES AND ADJUSTED
EBIT-MARGIN ARE
NORMALLY LOWER IN THE THIRD QUARTER COMPARED WITH THE SECOND
QUARTER DUE TO SEASONAL VARIATIONS FROM SUMMER SHUTDOWNS

Source text for Eikon:  ID:nWkr8bHzfL 
Further company coverage:  ALLEI.ST 

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