Brief: Be Group Q2 Underlying Operating Result Rises To SEK 291 Mln

BE AB (publ)

14/07/2022 06:13

July 14 (Reuters) - BE Group AB (publ)  BEGR.ST :
    * Q2 NET SALES INCREASED TO SEK 2,044 M (1,403)
    * Q2 UNDERLYING OPERATING RESULT INCREASED TO SEK 291 M
(133)
    * IN Q3, WE WILL PROBABLY SEE LOWER PRICES FOR SOME PRODUCT
TYPES.
    * PRICE OF SCRAP-BASED PRODUCTS, SUCH AS BEAMS, BARS AND
REBAR,
MAY HAVE BOTTOMED OUT AND ARE HEADING UP AGAIN
    * WHAT WE KNOW IS THAT OVERALL STEEL PRICES WILL BE LOWER IN
Q3
THAN IN Q2.

Source text for Eikon:  ID:nWkr56P0xP 
Further company coverage:  BEGR.ST 

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