Brief: Beijer Electronics Q1 EBIT Up At SEK 28.2 Mln

Ependion AB

27/04/2022 12:06

April 27 (Reuters) - Beijer Electronics Group AB  BELE.ST :
    * INTERIM REPORT JANUARY-MARCH 2022: ORDER INTAKE AT NEW RECORD LEVEL, EARNINGS IMPROVEMENT
CONTINUES
    * Q1 ORDER INTAKE SEK 662 MILLION VERSUS SEK 417 MILLION YEAR AGO
    * Q1 NET SALES SEK 440 MILLION VERSUS SEK 351 MILLION YEAR AGO
    * Q1 NET SALES SEK 440 MILLION VERSUS SEK 351 MILLION YEAR AGO
    * Q1 EBIT SEK 28.2 MILLION VERSUS SEK 4.6 MILLION YEAR AGO
    * NEW COVID-RELATED LOCKDOWNS IN CHINA ALSO IMPACTED SHIPMENTS LATE IN QUARTER.
    * WE THINK THAT INVOICING COULD HAVE BEEN SOME 50 MSEK HIGHER IN MORE NORMAL CIRCUMSTANCES.
    * WE'RE REITERATING OUR OPINION FOR FULL YEAR

Source text for Eikon:  ID:nWkr6GB1pb 
Further company coverage:  BELE.ST 

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