Brief: Probi Q1 Net Sales Fall To SEK 119.2 Million

Probi AB

02/05/2018 07:12

May 2 (Reuters) - Probi AB  PROB.ST :
    * Q1 NET SALES SEK 119.2 MILLION (187.4)
    * Q1 OPERATING PROFIT SEK 4.4 MILLION VERSUS SEK 48.7
MILLION YEAR
AGO
    * Q1 NET INCOME SEK 3.3 MILLION VERSUS SEK 43.1 MILLION YEAR
AGO
    * "2018 WILL CLEARLY BE A YEAR OF TRANSITION AND WE EXPECT
NET
SALES TO BE LOWER IN THE COMING QUARTER COMPARED WITH THE
YEAR-ON-YEAR PERIOD" - CEO
    * "OUR AIM IS TO IMPROVE NET SALES GROWTH THROUGH CONTINUED
EXPANSION OF OUR GEOGRAPHICAL REACH AND FASTER COMMERCIALIZATION
OF OUR INNOVATION PORTFOLIO" - CEO

Source text for Eikon:  ID:nWkrc2P5xH 
Further company coverage:  PROB.ST 

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