Brief: Lifco H1 Organic Growth Down 3.9%
12/07/2024 06:40
July 12 (Reuters) - Lifco AB (publ) LIFCOb.ST :
* DURING H1, ORGANIC DECREASE WAS 3.9% DUE TO CONTINUED WEAK
MARKET SITUATION IN DEMOLITION & TOOLS AND PARTS OF SYSTEMS
SOLUTIONS
* POSITIVE DEVELOPMENT IN Q2 IS DUE TO ACQUISITIONS AND GOOD
ORGANIC GROWTH IN DENTAL, WHICH IS PARTLY DUE TO EASTER
OCCURRING IN Q1, AS WELL AS ORGANIC GROWTH IN PARTS OF SYSTEMS
SOLUTIONS
* SAYS IT POSSESSES THE FINANCIAL SCOPE TO MAKE ADDITIONAL
ACQUISITIONS
Source text for Eikon: ID:nMFN5sBQY5
Further company coverage: LIFCOb.ST
(Gdansk Newsroom)
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