Brief: BE Group's Operating Result For Q1 2021 Is Estimated To Be Better Than Expected

BE AB (publ)

31/03/2021 07:46

March 31 (Reuters) - BE Group AB (publ)  BEGR.ST :
    * BE GROUP'S OPERATING RESULT FOR THE FIRST QUARTER 2021 IS
ESTIMATED TO BE BETTER THAN EXPECTED
    * BE GROUP'S OPERATING RESULT FOR Q1 2021 IS ASSESSED TO
EXCEED
COMPANY'S PROFITABILITY TARGETS DUE TO HIGHER STEEL PRICES,
IMPROVED MARGINS AND LOWER COSTS
    * UNDERLYING OPERATING RESULT IS EXPECTED TO AMOUNT TO
BETWEEN SEK
65 - 70 M (42)
    * GROUP'S NET SALES IS ESTIMATED TO 1 100 MSEK (1 118)
    * OPERATING RESULT INCLUDING INVENTORY GAINS IS EXPECTED TO
INCREASE SIGNIFICANTLY AND AMOUNT TO BETWEEN SEK 78 - 85 M (-4)
    * OPERATING RESULT FOR Q1 2020 WAS AFFECTED BY ITEMS
AFFECTING
COMPARABILITY OF SEK -35 M.

Source text for Eikon:  ID:nWkr98S5J5 
Further company coverage:  BEGR.ST 

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