Brief: Note Q3 Operating Profit Up At SEK 64 Mln

Note AB (publ)

19/10/2021 07:45

Oct 19 (Reuters) - Note AB (publ)  NOTE.ST :
    * Q3 SALES INCREASED BY 58% TO SEK 685 (433) MILLION
    * Q3 OPERATING PROFIT WAS UP BY 78% TO SEK 64 (36) MILLION
    * Q3 CASH FLOW AFTER INVESTMENTS WAS NEGATIVELY AFFECTED BY
A
DELIBERATE INVENTORY BUILD-UP TO SUPPORT GROWTH
    * Q3 CASH FLOW AFTER INVESTMENTS AMOUNTED TO SEK -49 (1)
MILLION,
OR SEK -1.71 (0.04) PER SHARE
    * SAYS IS ENJOYING A VERY STRONG OPERATIONAL MOMENTUM, AND
IS
STILL IN A CLEAR EXPANSION PHASE
    * SEES GOOD OPPORTUNITIES TO CONTINUE TO ACHIEVE TOTAL
GROWTH OF
AROUND 50% IN NEXT QUARTERS

Source text for Eikon:  ID:nWkr4m5ZFP 
Further company coverage:  NOTE.ST 

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