Brief: Attendo Q2 EBITA Down At SEK 106 Million

Attendo AB (publ)

21/07/2022 07:09

July 21 (Reuters) - Attendo AB (publ)  ATTE.ST :
    * ATTENDO SECOND QUARTER REPORT 2022: STRONG GROWTH AND
IMPROVED
MARKET CONDITIONS, BUT WEAK RESULT
    * Q2 NET SALES AMOUNTED TO SEK 3,546M (3,207). ORGANIC
GROWTH WAS
6.7 PERCENT.
    * Q2 OPERATING PROFIT (EBITA) AMOUNTED TO SEK 106M (162),
CORRESPONDING TO AN OPERATING MARGIN OF 3.0 PERCENT (5.1).
    * CONTINUES TO SHOW GOOD ORGANIC GROWTH DURING Q2 OF 2022,
DRIVEN
BY STRONG SALES IN SCANDINAVIA AND HIGHER PRICES IN FINLAND
    * RESULT, HOWEVER, IS HAMPERED BY DIFFICULTIES TO RECRUIT
QUALIFIED STAFF AND HIGH STAFF TURNOVER, WHICH IN COMBINATION
WITH HIGH GENERAL INFLATION HAS HAD A CLEAR NEGATIVE IMPACT IN
FINLAND AND FOR ATTENDO AS A WHOLE

Source text for Eikon:  ID:nWkrwpcwD 
Further company coverage:  ATTE.ST 

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