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FNM — Ferronordic AB News Story

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Brief: Ferronordic Q1 EBIT Down At SEK 13 Mln

May 15 (Reuters) - Ferronordic AB FNMA.ST:

Q1 EBIT MARGIN 1.1%

Q1 REVENUE SEK 1,206 MILLION, UP 3% Y/Y

Q1 GROSS MARGIN 16.3%

Q1 EBIT SEK 13 MILLION VS SEK 21 MLN YEAR AGO

Q1 NET INCOME SEK -150 MILLION

ON TARIFFS: DESPITE THE INCREASED UNCERTAINTY REGARDING TARIFFS, THE MOOD AMONG OUR CUSTOMERS IN THE US REMAINS GOOD

Source text: ID:nWkr2GtvLP

Further company coverage: FNMA.ST

 (Gdansk Newsroom)

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

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