Brief: Be Group Q1 Operating Profit at SEK 34 Million

BE AB (publ)

25/04/2019 07:16

April 25 (Reuters) - BE Group AB (publ)  BEGR.ST :
    * Q1 2019 - IMPROVED CASH FLOW
    * Q1 OPERATING PROFIT SEK 34 MILLION VERSUS SEK 55 MILLION YEAR AGO
    * DEMAND IN NEXT QUARTER IS EXPECTED TO REMAIN STRONG IN COMPANY'S MAIN MARKETS
    * STEEL PRICES ARE ANTICIPATED TO STAY AT SAME LEVEL AS Q1 AND PRICES OF ALUMINIUM AND
STAINLESS
STEEL ARE EXPECTED TO RECOVER AFTER Q1'S DECLINE
    * PROFIT AFTER TAX AMOUNTED TO SEK 20 MILLION VERSUS SEK 39 MILLION YEAR AGO
    * Q1 NET SALES SEK 1.21 BILLION VERSUS SEK 1.23 BILLION YRAGO

Source text for Eikon:  ID:nWkr3x4vG8 
Further company coverage:  BEGR.ST 

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