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TROAX — Troax AB (publ) News Story

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Brief: Troax Group Q2 Operating Profit Falls To EUR 6.4 Mln

Aug 13 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * TROAX GROUP: INTERIM REPORT JANUARY- JUNE 2020
    * Q2 NET SALES EUR 35.9 MLN VS EUR 42.3 MLN YR AGO
    * Q2 OPERATING PROFIT DECREASED TO 6,4 (8,5) MEUR
    * Q2 ORDER INTAKE EUR 37.7 MILLION VERSUS EUR 46.6 MILLION
YEAR
AGO
    * WHAT SEEMS TO HAVE BEEN MOST NEGATIVELY AFFECTED DURING Q2
ARE
SMALLER ORDERS FROM SMALL AND MEDIUM-SIZED CUSTOMERS, WHERE
THESE CUSTOMERS PROBABLY HAD SHORTER ORDER BOOKS COMPARED WITH
LARGER CUSTOMERS

Source text for Eikon:  ID:nWkrc10vD 
Further company coverage:  TROAX.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))

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