Brief: Note Q1 Operating Profit Up At SEK 76 Mln

Note AB (publ)

20/04/2022 07:40

April 20 (Reuters) - Note AB (publ)  NOTE.ST :
    * NOTE'S INTERIM REPORT JANUARY-MARCH 2022
    * Q1 SALES INCREASED BY 64% TO SEK 821 (502) MILLION.
ADJUSTED FOR
ACQUISITIONS AND CURRENCY EFFECTS, GROWTH WAS 35%.
    * Q1 OPERATING PROFIT WAS UP BY 90% TO SEK 76 (40) MILLION.
    * Q1 OPERATING MARGIN INCREASED BY 1.3 PERCENTAGE POINTS TO
9.3%
(8.0%).
    * Q1 PROFIT AFTER FINANCIAL ITEMS WAS UP BY 85% TO SEK 69
(38)
MILLION.
    * WE CONSIDER OPPORTUNITIES TO BE VERY GOOD TO REACH GROWTH
OF AT
LEAST 30% IN 2022 AND CONTINUE OUR POSITIVE PROFITABILITY TREND
    * WE ARE WELL PLACED TO ACHIEVE OUR GOAL OF REACHING SALES
OF SEK
5 BILLION BY 2025 AT LATEST

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

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;;))