Brief: Troax Q4 Operating Profit Up At EUR 11.3 Mln

Troax AB (publ)

04/02/2022 11:34

Feb 4 (Reuters) - Troax Group AB (publ)  TROAX.ST :
    * Q4 NET SALES EUR 64.6 MILLION VERSUS EUR 44.9 MILLION YEAR AGO
    * SUGGESTS A DIVIDEND OF 0,30 (0,20) EUR PER SHARE.
    * Q4 OPERATING PROFIT INCREASED TO 11,3 (8,6) MEUR.
    * LAG IN CUSTOMER PRICING IS STILL EXPECTED TO PICK UP NO LATER THAN Q1 OF 2022, GIVEN
TODAY'S
CONDITIONS
    * GROSS MARGIN NEGATIVELY AFFECTED BY LAG IN PRICE INCREASES FOR CUSTOMERS, FACT THAT
SEVERAL
MAJOR PROJECTS WERE INVOICED IN Q4
    * MOVE IN POLAND ENTAILED CERTAIN EXTRA COSTS DURING THIS QUARTER

Source text for Eikon:  ID:nWkr4tBrBC 
Further company coverage:  TROAX.ST 

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