Brief: Hexpol Q2 Oper Profit, Excl. Non-Recurring Items Down At SEK 209 Mln

Hexpol AB

17/07/2020 10:04

July 17 (Reuters) - Hexpol AB  HPOLb.ST :
    * HALF-YEAR REPORT JANUARY - JUNE 2020
    * Q2 SALES DECREASED BY 31 PERCENT TO 2,526 MSEK (3,685).
    * Q2 OPERATING PROFIT, EXCLUDING. NON-RECURRING ITEMS,
AMOUNTED TO
209 MSEK (551).
    * LOWER SALES WERE AFFECTED BY COVID-19 AND ITS IMPACT ON
BOTH
COUNTRIES WE ARE IN AND CUSTOMERS WE SUPPLY WITH OUR PRODUCTS
    * WE REDUCED OUR COSTS CONSIDERABLY DURING Q2 COMPARED TO Q1
    * WHEN WE LOOK AHEAD IT IS OBVIOUS THAT COVID-19 PANDEMIC
AND
MEASURES TAKEN AROUND WORLD HAS A SUBSTANTIAL IMPACT ON ALL OF
US
    * Q2 PROFIT AFTER TAX AMOUNTED TO 122 MSEK (413)
    * NOT LEAST, THERE IS A GREAT UNCERTAINTY ABOUT WHAT WE CAN
EXPECT
GOING FORWARD.

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Further company coverage:  HPOLb.ST 

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