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.)
Recent news on ProfilGruppen AB
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