Brief: Duroc Q4 Adjusted EBITDA Increases By 73%

Duroc AB

23/08/2024 07:48

Aug 23 (Reuters) - Duroc AB  DURCb.ST :
    * Q4 NET SALES INCREASED BY 3 PERCENT TO SEK 834.8 MILLION
(806.7)
    * Q4 ADJUSTED EBITDA INCREASED BY 73%, AMOUNTED TO SEK 53.1M
(30.7), CORRESPONDING TO AN ADJUSTED EBITDA MARGIN OF 6.4
PERCENT (3.8)
    * CLEAR IMPROVEMENT IN LARGEST UNIT IFG DRIVEN BY INCREASED
DEMAND
FOR OF KEY PRODUCTS WITH COMPLEX TECHNOLOGY CONTENT AND HIGH 
MARGINS, IN PARALLEL WITH A STABLE DEVELOPMENT OF THE 
INDUSTRIAL TRADING UNITS
    * IT IS TOO EARLY TO DETERMINE WHETHER THE TREND  FOR IFG
WILL
CONTINUE BUT THE OUTLOOK IS BETTER THAN PREVIOUSLY

Source text for Eikon:  ID:nWkr8My7cb 
Further company coverage:  DURCb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))