Brief: LMK Group Q3 EBITDA Turns To Loss Of SEK 9.1 Mln

Cheffelo AB (publ)

09/11/2021 06:59

Nov 9 (Reuters) - LMK Group AB (publ)  LMKG.ST :
    * INTERIM REPORT JANUARY-SEPTEMBER 2021
    * Q3 NET SALES GREW BY 7.8% (7.3%) TO 259.9 MSEK (241.0
MSEK),
ADJUSTED FOR EXCHANGE RATE DIFFERENCES THAT EQUALS TO A GROWTH
OF 8.4%
    * Q3 EBITDA AMOUNTED TO -9.1 MSEK (6.7). EBITDA-MARGIN AT
-3.5%
(2.8%
    * Q3 NET PROFIT FOR PERIOD AFTER TAXES AT -18.7 MSEK (-9.0)
    * RECENT DEVELOPMENTS POINT TO SLIGHTLY LOWER PURCHASE
FREQUENCY,
A TREND WHICH WILL LIKELY CONTINUE IN NEAR TERM
    * SEES SLOWER GROWTH ENVIRONMENT TO CONTINUE FOR AT LEAST
FIRST
HALF OF 2022 AS COMPARABLE FIGURES FROM 2021 HAVE BENEFITED FROM
RESTRICTIONS AND UNSEASONAL BUYING PATTERNS

Source text for Eikon:  ID:nMFN3y8jyj 
Further company coverage:  LMKG.ST 

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