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NEPA - Nepa AB News Story

SEK93 1.8  2.0%

Last Trade - 3:04pm

Sector
Technology
Size
Small Cap
Market Cap £59.5m
Enterprise Value £53.0m
Revenue £23.6m
Position in Universe 1091st / 1890

BRIEF-Nepa Q1 EBIT Swings To Profit SEK 6.5 Mln

Thu 20th May, 2021 7:06am
May 20 (Reuters) - Nepa AB  NEPA.ST :
    * Q1 NET SALES INCREASED BY 3.1%, OR 5.3% FX ADJUSTED, TO
MSEK
71.6 (69.4)
    * Q1 EBIT INCREASED TO MSEK 6.5 (-0.3)
    * Q1 EARNINGS AFTER TAX WAS MSEK 7.3 (0.4)
    * MARKET WAS STRONG IN Q1, A TREND THAT HAS CONTINUED IN
BEGINNING
OF Q2
    * THIS WAS PARTICULARLY EVIDENT IN SWEDISH AND FINNISH
MARKETS,
WHICH BOTH GREW 11 PERCENT ON AN ANNUAL BASIS IN LOCAL CURRENCY
    * UK MARKET EXHIBITED A WEAKER PERFORMANCE AS IT HAS A
HIGHER
PROPORTION OF AD HOC PROJECTS, WHICH REMAIN PAUSED DUE TO
COVID-19

Source text for Eikon:  ID:nWkr3Y515T 
Further company coverage:  NEPA.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
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