Brief: Nobia Q3 operating profit just below forecasts

Nobia AB

27/10/2017 13:00

Oct 27 (Reuters) - Nobia  NOBI.ST  
    * Q3 net sales amounted to SEK 2,905 million (2,999) 
    * Q3 organic growth was a negative 1 per cent (pos: 3) 
    * Q3 operating profit amounted to SEK 318 million (336) 
    * Says in UK, organic growth was negatively impacted by 
phasing out of B2B customer homebase, whilst rest of business 
traded just slightly below last year 
    * Says nordic growth momentum continues, driven by strong 
project markets 
    * Reuters poll: EBIT was seen at 321 mln SEK, sales seen at 
2,996 mln SEK  
    * Shares fall 2.7 pct at 1206 GMT 
 
Source text for Eikon:  ID:nWkr6gfYdM  
Further company coverage:  NOBI.ST  
 
 (Reporting by Stockholm Newsroom) 
 ((stockholm.newsroom@thomsonreuters.com; +4687001017;))