Brief: Momentum Group AB - Q1 Revenue at SEK 2,288 Mln

Alligo AB

16/07/2020 07:15

July 16 (Reuters) - Momentum Group AB  MMGRb.ST :
    * MOMENTUM GROUP AB - Q1 REVENUE MSEK 2,288 (1,576), WITH CHANGE COMPARED WITH PRECEDING
YEAR
PRIMARILY ATTRIBUTABLE TO ACQUISITION OF SWEDOL
    * MOMENTUM GROUP AB - Q1 EBITA (EXCLUDING ITEMS AFFECTING COMPARABILITY OF MSEK -4) AMOUNTED
TO
MSEK 155 (75), CORRESPONDING TO AN EBITA MARGIN OF 6.8 PERCENT (4.8)
    * MOMENTUM GROUP AB - LINKED TO OUR FINANCIAL GOAL TO ACHIEVE ANNUAL EARNINGS GROWTH OF 15
PERCENT, OUR AMBITION IS TO REACH OUR GOALS FOR ACQUISITION WITHIN A THREE-YEAR PERIOD, SUBJECT
TO IMPACT THAT COVID-19 MAY CONTINUE TO HAVE ON OUR OPERATIONS

Source text for Eikon:  ID:nWkr6KMR9x 
Further company coverage:  MMGRb.ST 

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