Brief: Indutrade Q2 EBITA Rises To SEK 1,023 Million

Indutrade AB

19/07/2022 08:44

July 19 (Reuters) - Indutrade AB  INDT.ST :
    * INTERIM REPORT SECOND QUARTER AND FIRST HALF OF 2022
    * Q2 ORDER INTAKE SEK 7,029 MILLION VERSUS SEK 6,006 MILLION
YEAR
AGO
    * Q2 NET SALES SEK 6,683 MILLION VERSUS SEK  5,552 MILLION
YEAR
AGO
    * Q2 EBITA SEK 1,023 MILLION VERSUS SEK 843 MILLION YEAR AGO
    * DEMAND REMAINED STRONG AND BROAD DURING Q2, WITH AN
IMPROVED
ORDER INTAKE BOTH COMPARED TO CORRESPONDING PERIOD PREVIOUS YEAR
AND SEQUENTIALLY, DESPITE CHALLENGING COMPARISON FIGURES
    * DISRUPTIONS AND UNCERTAINTIES IN SUPPLY CHAINS, IN
COMBINATION
WITH HIGHER BUSINESS VOLUMES AND PRICE INCREASES CONTRIBUTED TO
A FURTHER BUILD-UP IN INVENTORIES AND HIGHER WORKING CAPITAL,
WHICH DAMPENED DEVELOPMENT OF CASH FLOW

Source text for Eikon:  ID:nWkr6rnXR6 
Further company coverage:  INDT.ST 

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