Brief: Ework Group Q2 Operating Profit Down At SEK 29.9 Mln

eWork AB

16/07/2020 10:10

July 16 (Reuters) - eWork Group AB  EWRK.ST :
    * Q2 NET SALES DECREASED BY 4% TO SEK 3,121 M (3,249).
    * Q2 OPERATING PROFIT SEK 29.9 MILLION VERSUS SEK 30.7
MILLION
YEAR AGO
    * DOWNTURN OF NET SALES AND EARNINGS IS DUE TO LOWER DEMAND
AND
CLIENT PROJECTS TERMINATED DUE TO COVID-19
    * Q2 ORDER INTAKE DECREASED BY 14% TO SEK 4,026 M (4,675).
    * DEMAND HAS TURNED UPWARDS, BUT NOT TO PREVIOUS LEVELS, AND
UNCERTAINTY REMAINS SUBSTANTIAL
    * Q2 PROFIT AFTER FINANCIAL ITEMS SEK 25.5 MILLION VERSUS
SEK 27.5
MILLION YEAR AGO

Source text for Eikon:  ID:nWkr8gTNjk 
Further company coverage:  EWRK.ST 

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