Brief: Lifco: Generally Favourable Market Environment In All Business Areas In Q1

Lifco AB (publ)

28/04/2023 06:37

April 28 (Reuters) - Lifco AB (publ)  LIFCOb.ST :
    * IN Q1 GENERALLY FAVOURABLE MARKET ENVIRONMENT IN ALL
BUSINESS
AREAS WAS A STRONG CONTRIBUTING FACTOR TO ORGANIC GROWTH OF 7.6
PER CENT
    * Q1 NET SALES WERE ALSO POSITIVELY AFFECTED BY PRICE
INCREASES TO
COMPENSATE FOR HIGHER COSTS
    * FINANCIAL POSITION REMAINS GOOD AND INTEREST-BEARING NET
DEBT
AMOUNTED TO 1.2 TIMES EBITDA AT 31 MARCH 2023, WHICH IS WELL IN
LINE WITH OUR TARGET
    * POSSESSES FINANCIAL SCOPE TO MAKE ADDITIONAL ACQUISITIONS

Source text for Eikon:  ID:nWkr1PVF9b 
Further company coverage:  LIFCOb.ST 

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