Brief: Midsona Q4 Profit For Period Falls To SEK 1 Mln

Midsona AB

04/02/2022 07:12

Feb 4 (Reuters) - 
    * Midsona AB  MSONb.ST 
    * YEAR-END REPORT 2021
    * Q4 NET SALES AMOUNTED TO SEK 1,012 MILLION (1,083).
    * Q4 EBITDA AMOUNTED TO SEK 61 MILLION (114) BEFORE ITEMS
AFFECTING COMPARABILITY, CORRESPONDING TO A MARGIN OF 6.0
PERCENT (10.5).
    * Q4 PROFIT FOR PERIOD WAS SEK 1 MILLION (55)
    * BOARD OF DIRECTORS PROPOSES THAT NO DIVIDEND BE PAID FOR
2021.
    * WE ANTICIPATE CONTINUED UNCERTAINTY IN 2022 WITH VOLATILE
PRICING AND CHALLENGES IN VALUE CHAIN.
    * GROSS MARGIN WILL BE STRAINED DURING Q1 OF 2022
    * NOT UNTIL BEGINNING OF Q2 WILL WE HAVE FULLY IMPLEMENTED
PRICE
INCREASES ANNOUNCED IN AUTUMN.

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