Brief: Nolato Q1 EBITA Up At SEK 308 Million

Nolato AB

04/05/2021 14:03

May 4 (Reuters) - Nolato AB  NOLAb.ST :
    * FIRST QUARTER OF 2021: ALL BUSINESS AREAS ACHIEVE SALES
AND
PROFIT GROWTH
    * FIRST QUARTER OF 2021: ALL BUSINESS AREAS ACHIEVE SALES
AND
PROFIT GROWTH
    * Q1 SALES INCREASED TO SEK 2,645 MILLION (2,065)
    * Q1 OPERATING PROFIT (EBITA) ROSE TO SEK 308 MILLION (227)
    * THERE WAS A SLIGHTLY NEGATIVE IMPACT FROM A COMPONENTS
SHORTAGE
IN AUTOMOTIVE INDUSTRY AND EFFECTS OF PANDEMIC IN SOME AREAS
    * OUR EFFICIENCY IMPROVEMENTS HAVE GENERATED DESIRED EFFECT,
WHICH
IS REFLECTED BY SHARP INCREASE IN EARNINGS AND STRONG EBITA
MARGIN
    * ALL BUSINESS AREAS ACHIEVED GOOD PERFORMANCE IN Q1, WITH
VERY
STRONG GROWTH IN MEDICAL SOLUTIONS AND INTEGRATED SOLUTIONS

Source text for Eikon:  ID:nWkr4TxGZZ 
Further company coverage:  NOLAb.ST 

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