Brief: Troax Q1 Operating Profit Up At EUR 6.5 Mln

Troax AB (publ)

23/04/2020 11:35

April 23 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * TROAX GROUP: INTERIM REPORT JANUARY-MARCH 2020
    * Q1 OPERATING PROFIT EUR 6.5 MILLION VERSUS EUR 5.9 MILLION
YEAR
AGO
    * Q1 SALES EUR 40.8 MILLION VERSUS EUR 39.1 MILLION YEAR AGO
    * Q1 ORDER INTAKE INCREASED ORGANICALLY BY 12 PERCENT TO
44,6
(39,7) MEUR
    * TROAX IS LATE IN BUSINESS CYCLE AND IS THEREFORE LESS
AFFECTED,
THAN MANY OTHER INDUSTRIES, BY PROBLEMS OF REDUCED DEMAND DUE TO
CORONA VIRUS
    * DRIVER OF ORDER INTAKE DURING Q1 IS PRIMARILY DEVELOPMENT
WITHIN
E-COMMERCE

Source text for Eikon:  ID:nWkr1PjMWV 
Further company coverage:  TROAX.ST 

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