Brief: Sintercast Q1 Operating Result Down At SEK 7.6 Million

SinterCast AB

27/04/2022 07:17

April 27 (Reuters) - SinterCast AB  SINT.ST :
    * SINTERCAST RESULTS JANUARY - MARCH 2022
    * Q1 REVENUE SEK 28.1 MILLION VERSUS SEK 24.3 MILLION YEAR
AGO
    * Q1 OPERATING RESULT SEK 7.6 MILLION VERSUS SEK 8.5 MILLION
YEAR
AGO
    * HAS NOT YET RECEIVED ANY REVENUE FROM RUSSIA NOR DOES IT
HAVE
ANY INSTALLATIONS IN RUSSIA OR ANY TIER II SUPPLY OF
SINTERCAST-CGI CASTINGS INTO RUSSIA
    * HAS NO DIRECT EXPOSURE TO RUSSIA. HOWEVER, WESTERN OEMS
HAVE
SUSPENDED SALES OF FINISHED VEHICLES INTO RUSSIA AND THIS MAY
HAVE AN INDIRECT, ALTHOUGH LIMITED, IMPACT ON SINTERCAST

Source text for Eikon:  ID:nMFN1jGyB6 
Further company coverage:  SINT.ST 

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