Brief: Hexatronic Group Q4 EBITA Margin Up At 10.5%

Hexatronic AB

24/02/2022 06:06

Feb 24 (Reuters) - Hexatronic Group AB  HTRO.ST :
    * REG-HEXATRONIC GROUP AB (PUBL) YEAR-END REPORT JANUARY –
DECEMBER 2021
    * BOARD OF DIRECTORS WILL PROPOSE A DIVIDEND OF SEK 0.50
(0.50)
PER SHARE FOR FINANCIAL YEAR 2022 TO ANNUAL GENERAL MEETING.
    * SALES DURING QUARTER WERE VERY STRONG WITH AN INCREASE OF
95
PERCENT ON SAME QUARTER PREVIOUS YEAR, OF WHICH 48 PERCENT WAS
ORGANIC GROWTH.
    * PROFITABILITY FOR QUARTER SHOWED AN ONGOING POSITIVE TREND
WITH
AN EBITA MARGIN OF 10.5 PERCENT, EQUATING TO AN INCREASE OF 87
PERCENT
    * CONTINUE TO SEE RISING COSTS FOR RAW MATERIALS, WHICH
BURDENED
GROSS MARGIN FOR Q4 BY AROUND ONE TO TWO PERCENTAGE POINTS, AND
WILL PROBABLY ALSO IMPACT NEGATIVELY ON Q1 OF 2022

Source text for Eikon:  ID:nGNE1xZ3Rx 
Further company coverage:  HTRO.ST 

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