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PROF B — ProfilGruppen AB News Story

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Swedish aluminium extruder Profilgruppen's Q3 revenue rises

Swedish aluminium extruder Profilgruppen's Q3 revenue rises


Overview

  • Sweden aluminium components supplier's Q3 revenue rose yr/yr but profitability remained weak

  • Q3 operating profit fell yr/yr, with earnings per share flat at SEK 0.0

  • Company says transformation program and profitability initiatives are still being implemented


Outlook

  • Profilgruppen did not provide specific financial guidance for the current or future periods in the press release


Result Drivers

  • PROFITABILITY INITIATIVES DELAYED - Co said targeted profitability improvements have not yet had impact on operations, with earnings development largely unchanged


Company press release: ID:nMFN4hDkRj


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

SEK 567.60 mln

Q3 EPS (APM)

SEK 0

Q3 Operating Profit (APM)

SEK 3 mln


Reuters Recommended Reads

  • Oct 22 - Sweden's Granges Q3 adjusted EBIT jumps 50%, beats estimates

  • Oct 20 - Global aluminium output falls 1.4% year on year in September -IAI

  • Oct 19 - Europe aluminium premium could hit $1,000 if US cuts Canada tariffs, Harbor says


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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