Brief: Lehto Q1 Operating Loss Narrows To EUR 3.5 Million

Lehto Oyj

14/05/2020 06:08

May 14 (Reuters) - Lehto Group Oyj  LEHTO.HE :
    * LEHTO GROUP PLC: BUSINESS REVIEW JANUARY-MARCH 2020
    * RESTRUCTURING MEASURES START TO HAVE AN IMPACT, FINANCIAL
POSITION IMPROVED AND ORDER BACKLOG GREW
    * LEHTO GROUP OYJ Q1 NET SALES EUR 119.4 MILLION VERSUS EUR
117.8
MILLION YEAR AGO
    * LEHTO GROUP OYJ Q1 OPERATING  LOSS EUR 3.5 MILLION VERSUS
LOSS
EUR 9.3 MILLION YEAR AGO
    * Q1 ORDER BACKLOG ROSE TO EUR 502.6 MILLION (EUR 481.8
MILLION ON
31 DECEMBER 2019)
    * RESTRUCTURING MEASURES WE INITIATED LAST YEAR ARE STARTING
TO
HAVE AN EFFECT AND BUSINESS IS PROCEEDING ACCORDING TO PLANS.

Source text for Eikon:  ID:nWkr7r0HZn 
Further company coverage:  LEHTO.HE 

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