Brief: Inwido Q3 EBITA Up At SEK 240 Mln

Inwido AB (publ)

21/10/2020 06:48

Oct 21 (Reuters) - Inwido AB (publ)  INWI.ST :
    * INTERIM REPORT JANUARY-SEPTEMBER 2020
    * Q3 NET SALES ROSE TO SEK 1,716 MILLION (1,665). ORGANIC
GROWTH
AMOUNTED TO 4 PERCENT.
    * Q3 ORDER INTAKE INCREASED BY 7 PERCENT AND ORDER BACKLOG
INCREASED BY 18 PERCENT TO SEK 1,308 MILLION.
    * Q3 EBITA INCREASED TO SEK 240 MILLION (203) AND EBITA
MARGIN
INCREASED TO 14.0 PERCENT (12.2).
    * DURING QUARTER, BUSINESS AREA SOUTH CONTINUED TO DEVELOP
FAVOURABLY, WITH BOTH STRONG GROWTH AND PROFITS
    * Q3 WAS INWIDO'S STRONGEST QUARTER TO DATE, IN TERMS OF
PROFIT
    * IN BUSINESS AREA NORTH, SWEDISH BUSINESS UNITS ADDRESSING
CONSUMER MARKET HAVE ADVANCED THEIR POSITIONS AND SHOWN POSITIVE
DEVELOPMENT
    * WE ENTER WINTER SEASON WITH LOWER CONSUMER ACTIVITY BUT A
STRONG
ORDER BACKLOG

Source text for Eikon:  ID:nWkr3N4rPn 
Further company coverage:  INWI.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))