Brief: Lifco Q3 Net Financial Items Were Down At SEK -259 Mln

Lifco AB (publ)

20/10/2023 07:07

Oct 20 (Reuters) - Lifco AB (publ)  LIFCOb.ST :
    * NET FINANCIAL ITEMS WERE SEK -259 (-63) MILLION,
NEGATIVELY
IMPACTED PRIMARILY BY HIGHER INTEREST EXPENSES
    * CASH FLOW FROM OPERATING ACTIVITIES DURING THE PERIOD
INCREASED
93,1 PER CENT TO SEK 2,957 (1,531) MILLION. THE LOW CASH FLOW IN
THE PRECEDING YEAR WAS DUE PRIMARILY TO INCREASED INVENTORY
BUILD-UP
    * AS THE RESULT OF HIGH DEMAND AND DISRUPTIONS TO THE GLOBAL
SUPPLY CHAIN THAT LED TO REQUIREMENTS FOR GREATER SAFETY STOCK
    * CASH FLOW FROM INVESTING ACTIVITIES WAS SEK -2,500
(-2,072)
MILLION, WHICH WAS MAINLY ATTRIBUTABLE TO ACQUISITIONS

Source text for Eikon:  ID:nWkr7QC6xq 
Further company coverage:  LIFCOb.ST 

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