Brief: Nederman Q1 operating profit increases

Nederman Holding AB

19/04/2017 15:00

April 19 (Reuters) - Nederman  NMAN.ST  
    * Q1 incoming orders amounted to sek 731.1m (738.8), which 
adjusted for currency effects is a decrease of 4.8% compared 
with same period last year. 
    * Q1 net sales amounted to sek 760.6m (724.7), which 
adjusted for currency effects is an increase of 1.0% compared 
with same period last year. 
    * Q1 operating profit was sek 48.8m (30.8), giving an 
operating margin of 6.4% (4.3). 
    * Says our greatest challenge continues to be uncertainty 
around sales of major projects in usa and china 
    * Says european market continues to be stable and is 
characterised by cautious optimism 
    * Says in americas, market situation continues to be 
characterised by great uncertainty with prolonged 
decision-making processes, although there are positive 
undertones in usa 
 
Source text for Eikon:  ID:nWkr6675PS  
Further company coverage:  NMAN.ST  
 
 (Reporting By Johan Ahlander) 
 ((johan.ahlander@thomsonreuters.com;))