Brief: Bulten operating earnings fall in Q3

Bulten AB

26/10/2017 12:30

Oct 26 (Reuters) - Bulten AB  BULTEN.ST  
    * Q3 net sales reached SEK 630 million, an increase of 5.0 
pct on same period last year 
    * Q3 operating earnings (EBIT) were SEK 35 million vs 
yr-ago 39 million, which corresponds to an operating margin of 
5.5 pct vs yr-ago 6.5 pct 
    * Q3 order bookings amounted to SEK 691 million, an 
increase of 14.7 pct 
    * Says growth and profitability were hampered by slightly 
lower volumes due to customers' model changes 
    * Says the profitability has also been negatively impacted 
by higher global market prices for steel and other metals, 
as well as currency effects 
    * Says underlying profitability is good considering this was 
the third quarter, which has fewer production days. 
 
Source text for Eikon:  ID:nWkr2SQD9F  
Further company coverage:  BULTEN.ST  
 
 ((niklas.pollard@thomsonreuters.com;))