Brief: Avensia Q1 Operating Result Turns To Profit Of SEK 6.1 Mln

Avensia AB

07/05/2024 11:52

May 7 (Reuters) - Avensia AB  AVEN.ST :
    * Q1 AVENSIA NET SALES SEK 102.8 MILLION VERSUS SEK 112.7
MILLION
YEAR AGO
    * Q1 AVENSIA OPERATING PROFIT SEK 6.1 MILLION VERSUS LOSS
SEK 7.5
MILLION YEAR AGO
    * STRENGTHENED OPERATING PROFIT IS A CONSEQUENCE OF
INCREASED
OCCUPANCY AND REDUCED COSTS FROM 2023 SAVINGS PROGRAM
    * QUARTER'S RESULTS SHOW WE HAVE SOME WAY TO GO TO REACH
GOALS,
WHERE ABOVE ALL THE WEAK MARKET CAUSES THE DEVIATION

Source text for Eikon:  ID:nWkr1P6b3d 
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