Brief: C Rad Q4 Operating Result Swings To Profit SEK 9.8 Mln

C Rad AB

28/01/2021 07:36

Jan 28 (Reuters) - C Rad AB  CRADb.ST :
    * RECORD ORDER INTAKE AND REVENUE LEADS TO INCREASED PROFIT
FOR
THE QUARTER AND FULL YEAR
    * Q4 ORDER INTAKE SEK 122.1 MILLION VERSUS SEK  88.1 MILLION
YEAR
AGO
    * Q4  REVENUE INCREASED 46% TO 74.3 (51.0) MSEK (49% IN
CONSTANT
CURRENCIES)
    * Q4 OPERATING PROFIT SEK 9.8 MILLION VERSUS LOSS SEK 0.5
MILLION
YEAR AGO
    * WE HAD A STRONG GROWTH IN ORDER INTAKE DURING Q4.
ESPECIALLY
CHINA AND NORTH AMERICA CONTRIBUTED TO SUCCESS
    * OUR BUSINESS IN EUROPE AND APAC STARTED TO RECOVER IN
FIRST HALF
OF 2020
    * WE ARE DELIVERING ORDER GROWTH IN ALL PRODUCT CATEGORIES
    * WE CAN CONTINUE TO EXPECT VOLATILITY IN INDIVIDUAL
QUARTERS
    * IT IS STILL UNKNOWN WHAT FURTHER IMPACT COVID-19 MIGHT
HAVE

Source text for Eikon:  ID:nWkr5ZBfzF 
Further company coverage:  CRADb.ST 

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