Brief: New Wave Group Q3 operating profit slightly above expectations
10/11/2016 06:00
Nov 10 (Reuters) - New Wave Group Ab NEWAb.ST
* Q3 operating profit amounted to sek 124.9 (96.3) million.
* New wave group ab q3 sales amounted to sek 1.300 million,
which was 2 % higher than last year (sek 1.272 million)
* Reuters poll: new wave group q3 net sales seen at sek 1.36
billion, operating profit at sek 119 million
* Says costs are under control, despite continued high
market investments
* CEO says The near future, i.e. the next quarter, is always
difficult to predict. Individual quarters can always be a little
up or down but my belief is that the results will continue to
improve compared with last year.
* CEO Says When looking at the coming years, I am
continually optimistic that both sales and profits will continue
to increase.
Source text for Eikon: ID:nWkrki0973
Further company coverage: NEWAb.ST
(Reporting By Anna Ringstrom)
((Anna.Ringstrom@thomsonreuters.com;))