Brief: Nolato Q1 EBITA Up At SEK 241 Mln

Nolato AB

04/05/2020 12:32

May 4 (Reuters) - Nolato AB  NOLAb.ST :
    * NOLATO Q1 2020: STRONG SALES GROWTH FOR THE GROUP
    * NOLATO AB  Q1 EBITA SEK 241 MILLION VERSUS SEK 175 MILLION
YEAR
AGO
    * NOLATO AB Q1 SALES SEK 2,065 MILLION VERSUS SEK 1,656
MILLION
YEAR AGO
    * Q1 PROFIT AFTER TAX WAS SEK 177 MILLION (131)
    * GROWTH IN PRODUCTION VOLUMES WAS HEALTHY, BUT PROJECT
REVENUES
DECREASED
    * PROJECTS FOR NEW PRODUCTS THAT NOLATO IS INVOLVED IN HAVE
BEEN
DELAYED AS A RESULT OF CORONAVIRUS SITUATION, WHILE PRODUCTION
IN SOME SEGMENTS HAS BEEN POSITIVELY AFFECTED

Source text for Eikon:  ID:nWkr7Pwrf 
Further company coverage:  NOLAb.ST 

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