Brief: Ferronordic Q3 Operating Profit Increases To SEK 109 Mln

Ferronordic AB

22/11/2019 06:42

Nov 22 (Reuters) - Ferronordic AB  FNMA.ST :
    * (PUBL) INTERIM REPORT JANUARY - SEPTEMBER 2019
    * Q3 REVENUE SEK 964 MILLION VERSUS SEK 791 MILLION YEAR AGO
    * Q3 OPERATING PROFIT INCREASED 36% TO SEK 109M (SEK 80M)
    * MARKET FOR OUR MAIN PRODUCT GROUPS IN RUSSIA GREW BY
AROUND 5%
AND WE SAW CONTINUED GROWTH IN BOTH EQUIPMENT AND AFTERMARKET
SALES
    * WE BELIEVE THAT MARKET WILL CONTINUE TO RECOVER AT ABOUT
SAME
PACE AS PREVIOUSLY IN 2019

Source text for Eikon:  ID:nWkr1pYt7Y 
Further company coverage:  FNMA.ST 

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