Brief: Bulten Q3 EBIT rose, order bookings up 4.7 pct

Bulten AB

25/10/2018 12:35

Oct 25 (Reuters) - Bulten AB  BULTEN.ST :
    * Q3 NET SALES AMOUNTED TO SEK 722 (630) MILLION, AN
INCREASE OF
14.5% ON SAME PERIOD LAST YEAR.
    * Q3 OPERATING EARNINGS (EBIT) TOTALED SEK 38 (35) MILLION,
EQUATING TO AN OPERATING MARGIN OF 5.2% (5.5).
    * Q3 ORDER BOOKINGS AMOUNTED TO SEK 723 (691) MILLION, AN
INCREASE
OF 4.7% ON SAME PERIOD LAST YEAR.
    * SAYS DEMAND FOR HYBRIDS AND ELECTRIC CARS IS INCREASING, A
FAVORABLE DEVELOPMENT FOR BULTEN SINCE THE VALUE OF FASTENERS IS
CURRENTLY FAR HIGHER IN THESE VEHICLES COMPARED TO ONES WITH
CONVENTIONAL COMBUSTION ENGINES

Source text for Eikon:  ID:nWkr3SXTM7 
Further company coverage:  BULTEN.ST 

 (Reporting By Stockholm newsroom)
 ((Stockholm.newsroom@thomsonreuters.com;))