Brief: Beijer Q1 EBITA Up At SEK 407 Mln

Beijer Ref AB (publ)

21/04/2022 07:42

April 21 (Reuters) - Beijer Ref AB (publ)  BEIJb.ST :
    * BEIJER REF Q1 2022
    * Q1 NET SALES INCREASED BY 31.4 PER CENT TO SEK 4,903
MILLION
(3,731)
    * Q1 EBITA AMOUNTED TO SEK 407 MILLION (275), WHICH IS AN
INCREASE
OF 48,3 PER CENT OVER SAME PERIOD LAST YEAR
    * Q1 EBITA MARGIN AMOUNTED TO 8.3 PER CENT (7.4)
    * Q1 PROFIT BEFORE TAX WAS SEK 367 MILLION (248)
    * Q1 PROFIT FOR THE PERIOD TOTALLED SEK 273 MILLION (184)
    * CURRENT INFLATION IS LEADING TO INCREASED COSTS AND PRICE
INCREASES FROM OUR SUPPLIERS, BUT WE ARE OFFSETTING THIS WELL
AND TOGETHER WITH A HIGH LEVEL OF SERVICE IN INVENTORY, WE ARE
ENTERING THE SECOND QUARTER STRONGLY

Source text for Eikon:  ID:nWkr5fX7y0 
Further company coverage:  BEIJb.ST 

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