Brief: Nolato Q1 Operating Profit Down At SEK 267 Million

Nolato AB

03/05/2022 13:04

May 3 (Reuters) - Nolato AB  NOLAb.ST :
    * EXTERNAL FACTORS IMPACT VOLUMES AND PROFITABILITY
    * Q1 SALES INCREASED TO SEK 2,879 MILLION (2,645)
    * Q1 OPERATING PROFIT (EBITA) WAS SEK 267 MILLION (308)
    * Q1 INVESTMENTS IN CAPACITY MADE IN 2021 ARE STILL NOT
BEING
FULLY USED AND ARE CONSEQUENTLY HAVING A NEGATIVE IMPACT ON
MARGIN
    * Q1 VOLUMES IN QUARTER WERE LOWER THAN PREVIOUSLY EXPECTED,
WHICH
WAS MAINLY DUE TO RESTRICTED SUPPLY OF ELECTRONIC COMPONENT
    * SINCE MARCH, END-CUSTOMER DEMAND IN VHP AREA HAS BEEN
ADVERSELY
AFFECTED BY SITUATION IN EASTERN EUROPE

Source text for Eikon:  ID:nMFN8lLZdq 
Further company coverage:  NOLAb.ST 

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