Brief: NCAB Group Q2 EBITA Up At SEK 50.6 Million

NCAB AB (publ)

24/07/2020 06:36

July 24 (Reuters) - NCAB Group AB (publ)  NCAB.ST :
    * Q2 NET SALES INCREASED BY 23% TO SEK 580.6 MILLION (473.1)
    * Q2 EBITA INCREASED TO SEK 50.6 MILLION (37.3)
    * Q2 ORDER INTAKE INCREASED 8% TO SEK 486.2 MILLION (450.0)
    * Q2 OPERATING PROFIT WAS SEK 48.1 MILLION (35.7)
    * CORONA PANDEMIC HAD ADVERSE IMPACT ON ORDER INTAKE AND NET
SALES
    * ECONOMIC EFFECTS VARY GREATLY BETWEEN DIFFERENT MARKETS
AND
CUSTOMER SEGMENTS AND DEMAND WILL PROBABLY REMAIN WEAK FOR REST
OF 2020.
    * CUSTOMER SEGMENTS AND DEMAND WILL PROBABLY REMAIN WEAK FOR
REST
OF 2020.

Source text for Eikon:  ID:nNDL5yJGsc 
Further company coverage:  NCAB.ST 

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