Brief: Devport Q3 Operating Profit Up At SEK 8.7 Mln

DevPort AB

31/10/2023 07:13

Oct 31 (Reuters) - DevPort AB  DEVPb.ST :
    * Q3 OPERATING NET SALES INCREASED BY 3% TO SEK 116.6
(112.7)
MILLION
    * Q3 OPERATING PROFIT SEK 8.7 (8.2) MILLION
    * Q3 PROFIT AFTER TAX AMOUNTED TO SEK 6.6 (6.3) MILLION
    * SEES INCREASED SALES AND MARGIN TOWARDS CUSTOMERS OUTSIDE
THE
AUTOMOTIVE INDUSTRY CONTRIBUTING TO Q3 RESULT
    * OUTLOOK: EARNINGS TREND HAS CONTINUED TO BE FAVOURABLE AND
IN
THE FUTURE WE BELIEVE THAT THERE WILL CONTINUE TO BE LOWER
GROWTH BUT WITH GOOD PROFITABILITY
    * OUTLOOK: TWO NEW FRAMEWORK AGREEMENTS ARE EXPECTED TO BE
SIGNED
IN Q4, WHICH IS EXPECTED TO HAVE A POSITIVE EFFECT ON DEVPORT
FROM THE BEGINNING OF 2024

Source text for Eikon:  ID:nWkrSc0dt 
Further company coverage:  DEVPb.ST 

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