Brief: Nederman Q1 Incoming Orders Down At SEK 995 Million

Nederman Holding AB

21/04/2020 07:07

April 21 (Reuters) - Nederman Holding AB  NMAN.ST :
    * Q1 INCOMING ORDERS SEK 995 MILLION VERSUS SEK 1,019.0
MILLION
YEAR AGO
    * Q1 OPERATING PROFIT SEK 64.2 MILLION VERSUS SEK 72.1
MILLION
YEAR AGO
    * Q1 OPERATING PROFIT SEK EFFECTS OF ONGOING PANDEMIC WILL
IMPACT
NEDERMAN'S DIFFERENT DIVISIONS AT VARYING TIMES MILLION VERSUS
SEK 72.1 MILLION YEAR AGO
    * PROCESS TECHNOLOGY DIVISION WORKS WITH LONG-TERM PROJECTS
THAT
WILL IN ALL PROBABILITY BE IMPLEMENTED, BUT WITH SOME DELAYS
    * OTHER DIVISIONS HAVE A MORE FAST-MOVING BUSINESS INVOLVING
SALES
OF PRODUCTS AND SMALLER SYSTEMS
    * EXPECT TO SEE A MORE IMMEDIATE DECLINE IN SALES IN THIS
AREA,
BUT WE ALSO MAKE ASSESSMENT THAT SUBSEQUENT RECOVERY WILL LIKELY
BE MORE RAPID

Source text for Eikon:  ID:nWkr5G7fN0 
Further company coverage:  NMAN.ST 

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