Brief: Latour Q1 Industrial Operations Oper Profit Down At SEK 857 Mln

Investment AB Latour

26/04/2024 08:51

April 26 (Reuters) - Investment AB Latour  LATOb.ST :
    * DURING Q1, ORDER INTAKE DECREASED BY A TOTAL OF 1 PER CENT
    * DESPITE WEAKER EXTERNAL CIRCUMSTANCES, OUR BUSINESSES ARE
PROFITABLE, AND LATOUR'S STRONG FINANCIAL POSITION IS ALLOWING
US TO CONTINUE WITH OUR FORWARD-LOOKING APPROACH
    * NET ASSET VALUE INCREASED BY 2.8% TO SEK 204 PER SHARE
DURING
QUARTER, AND VALUE OF OUR PORTFOLIO OF LISTED HOLDINGS INCREASED
BY 5.4%
    * Q1 INDUSTRIAL OPERATIONS' ORDER INTAKE FELL BY 1% TO SEK
6,264 M
(6,320 M)
    * Q1 INDUSTRIAL OPERATIONS' NET SALES FELL BY 4% TO SEK
6,122 M
(6,372 M)
    * Q1 INDUSTRIAL OPERATIONS' OPERATING PROFIT DECREASED BY
13% TO
SEK 857 M (989 M)

Source text for Eikon:  ID:nWkr44cbb9 
Further company coverage:  LATOb.ST 

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