Brief: Hifab Group Q1 Operating Profit Down At SEK 1.4 Mln

Hultstrom AB

24/04/2020 08:05

April 24 (Reuters) - Hifab Group AB  HIFAb.ST :
    * Q1 NET SALES SEK 97.4 MILLION VERSUS SEK 92.2 MILLION YEAR
AGO
    * Q1 OPERATING PROFIT SEK 1.4 MILLION VERSUS SEK 2.8 MILLION
YEAR
AGO
    * ORDER BACKLOG IN BOTH SWEDISH AND INTERNATIONAL OPERATIONS
IS ON
LEVEL WITH PREVIOUS YEAR
    * ORDER INTAKE CONTINUES TO BE AT GOOD LEVEL DURING APRIL,
WHICH
IS GOOD FOR FUTURE
    * THE BIGGEST CHALLENGE RIGHT NOW IS RESTARTING HALTED
INTERNATIONAL PROJECTS IN COUNTRIES THAT WERE LOCKED DOWN

Source text for Eikon:  ID:nWkr9hphV1 
Further company coverage:  HIFAb.ST 

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