Brief: Meko Q2 Adjusted EBIT Down At SEK 240 Million

Meko AB

24/08/2022 06:56

Aug 24 (Reuters) - Meko AB  MEKO.ST :
    * Q2 ADJUSTED EBIT SEK 240 MILLION VERSUS SEK 314 MILLION
YEAR AGO
    * Q2 NET SALES SEK 3.36  BILLION VERSUS SEK 3.21 BILLION
YEAR AGO
    * UNSTABLE GLOBAL SITUATION IMPACTED SALES AND PROFITABILITY
IN
QUARTER IN MOST OF GROUP'S MARKETS.
    * HIGH BUFFER INVENTORY WAS MAINTAINED DURING QUARTER TO
OFFSET
POTENTIAL IMPACT OF DISRUPTIONS IN SUPPLY CHAIN
    * CAUTIOUS TREND IN SEVERAL MARKETS WHILE POLAND REPORTS
STRONG
GROWTH

Source text for Eikon:  ID:nWkr4WKz5V 
Further company coverage:  MEKO.ST 

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