Brief: Troax Group Q2 Order Intake Increases By 84% To EUR 69.3 Mln

Troax AB (publ)

17/08/2021 12:17

Aug 17 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * Q2 ORDER INTAKE INCREASED BY 84 PERCENT TO 69,3 (37,7)
MEUR
    * Q2 SALES INCREASED BY 88 PERCENT TO 67,5 (35,9) MEUR.
    * Q2 OPERATING PROFIT INCREASED TO 15,4 (6,4*) MEUR.
    * Q2 PROFIT AFTER TAX INCREASED TO 11,6 (4,7) MEUR
    * APRIL-JUNE PROFIT AFTER TAX INCREASED TO 11,6 (4,7) MEUR.
    * TROAX INCREASED ORDER INTAKE BY 59 PERCENT ORGANICALLY
DURING
QUARTER, WHICH MEANS A CONTINUED STRONG INCREASE IN VOLUMES AND
ACTIVITIES
    * WE EXPECT CONTINUED PRICE INCREASES FOR STEEL DURING Q3
AND
THERE IS A RISK THAT IT WILL CONTINUE INTO NEXT YEAR BEFORE A
STABILIZATION OCCURS

Source text for Eikon:  ID:nWkr1JGNmR 
Further company coverage:  TROAX.ST 

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