Brief: Balco Group Q2 Operating Profit Down At SEK 27 Mln

Balco AB

14/07/2022 12:20

July 14 (Reuters) - Balco Group AB  BALCO.ST :
    * Q2 NET SALES SEK 351 MILLION VERSUS SEK 304 MILLION YEAR
AGO
    * END-Q2 ORDER BACKLOG SEK 1,592 MILLION VERSUS SEK 1,394
MILLION
YEAR AGO
    * Q2 OPERATING PROFIT SEK 27 MILLION VERSUS SEK 34 MILLION
YEAR
AGO
    * Q2 ORDER INTAKE AMOUNTED TO 364 MSEK (505)
    * ORDER INTAKE IMPACTED BY CUSTOMERS POSTPONING BIZ DECISION
NOT
WANTING TO MAKE MAJOR INVESTMENT WHEN MATERIAL PRICES ARE AT
THEIR HIGHEST

Source text for Eikon:  ID:nWkr8BPFZn 
Further company coverage:  BALCO.ST 

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