Brief: Note AB: Continued Strong Development During Q2

Note AB (publ)

14/05/2020 07:38

May 14 (Reuters) - Note AB (publ)  NOTE.ST :
    * CONTINUED STRONG DEVELOPMENT IN NOTE DURING Q2 AND THE PLANT IN WINDSOR REOPENED
    * NOTE AB (PUBL) - BASED ON INSTRUCTIONS FROM LOCAL AUTHORITIES, NOTE HAS TAKEN NECESSARY
STEPS TO
REOPEN WINDSOR PLANT FOR PRODUCTION
    * NOTE AB (PUBL) - CAPACITY UTILISATION AT WINDSOR PLANT IS EXPECTED TO INCREASE GRADUALLY
DURING
MAY AND JUNE
    * NOTE AB (PUBL) - GIVEN STRONG ORDER SITUATION, WITH MANY NEW PROJECTS IN UPTURN PHASE,
THERE ARE
GOOD CONDITIONS THAT SALES IN Q2 WILL AMOUNT TO ABOUT SEK 500 MILLION
    * NOTE AB (PUBL) - BOTH OPERATING PROFIT AND OPERATING MARGIN ARE ALSO EXPECTED TO
STRENGTHEN
DURING Q2
    * NOTE AB (PUBL) - DURING FIRST FOUR MONTHS OF YEAR, GROWTH WAS 17%, WHICH IS CLEARLY ABOVE
OUR
SALES TARGET

Source text for Eikon:  ID:nWkrcfF48X 
Further company coverage:  NOTE.ST 

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