Brief: Beijer Electronics Q1 EBIT Falls To SEK 4.6 Million

Ependion AB

21/04/2021 12:04

April 21 (Reuters) - Beijer Electronics Group AB  BELE.ST :
    * INTERIM REPORT JANUARY-MARCH 2021: GOOD ORDER INTAKE PAVES
THE
WAY FOR HIGHER SALES AND IMPROVED EARNINGS
    * Q1 ORDER INTAKE INCREASED BY 3% TO 417 MSEK (406).
    * Q1 NET SALES AMOUNTED TO 351 MSEK (395).
    * IN EARNINGS TERMS, WE EXPECT ELTEC TO CONTRIBUTE
CONSISTENT WITH
WESTERMO'S PROFITABILITY LEVEL FROM 2022 ONWARDS.
    * Q1 EBIT SEK 4.6 MILLION VERSUS SEK 8.4 MILLION YEAR AGO
    * PROGRESS OF BEIJER GROUP'S ORDERS IN Q1 UNDERSCORES
ECONOMIC
RECOVERY, WITH INCREASED DEMAND
    * WE ARE MAINTAINING OUR VIEW FOR FULL YEAR 2021
    * BEIJER GROUP HAS GOOD POTENTIAL TO ACHIEVE BETTER
FINANCIAL
PERFORMANCE IN 2021 THAN IN 2020

Source text for Eikon:  ID:nWkr7T8GyQ 
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