Brief: BE Group swings to Q3 operating profit, sees stable demand
25/10/2016 06:45
Oct 25 (Reuters) - BE Group BEGR.ST
* Q3 net sales decreased by 8 percent to SEK 892 mln vs
year-ago 966 mln
* Out of the decrease in net sales of SEK 74 mln, SEK 63 mln
is attributable to the operations under restructuring
* Q3 operating result improved to SEK 26 mln vs -117 mln
(whereof SEK -124 mln related to non-recurring items)
* Says demand is expected to remain at current level in
group's primary markets
* Says steel prices are expected to be in line with Q3 until
year-end
* Says delivered tonnage will be impacted negatively by
restructuring in Czech Republic and Slovakia
Source text for Eikon: ID:nWkrjx8851
Further company coverage: BEGR.ST
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