Brief: Nobia Q3 operating profit above forecasts
28/10/2016 12:00
Oct 28 (Reuters) - Nobia NOBI.ST
* Q3 net sales for Q3 amounted to SEK 3,252 million
* Q3 organic growth was 2 percent
* Q3 operating profit amounted to SEK 337 million (343),
corresponding to an operating margin of 10.4 percent
* Says market in total is deemed to have improved during Q3
compared with year-earlier period
* Says we are working intensively towards achieving our
target of an operating margin of 10 percent as soon as possible
* Says UK's plans to leave the EU increased macroeconomic
uncertainty and weakened consumer confidence, which primarily
impacted the higher price segments
* Reuters poll: Nobia Q3 net sales were seen at SEK 3,129
million, adjusted EBIT was seen at 319 million SEK
Source text for Eikon: ID:nWkrjA2198
Further company coverage: NOBI.ST