Brief: Uponor Q1 Operating Profit Rises To EUR 47.0 Mln

Uponor Oyj

05/05/2021 06:06

May 5 (Reuters) - Uponor Oyj  UPONOR.HE :
    * QUARTERLY EARNINGS PER SHARE 0.43 EUR
    * REG-INTERIM REPORT JANUARY–MARCH 2021: STRONG DEMAND IN
BUILDING
SOLUTIONS IN EUROPE AND NORTH AMERICA DRIVE THE INCREASE IN
COMPARABLE OPERATING PROFIT
    * Q1 NET SALES EUR NET SALES IN JANUARY-MARCH TOTALLED EUR
309.2
(277.4) MILLION, A GROWTH OF 11.4%. ORGANIC GROWTH WAS 14.4% IN
CONSTANT CURRENCY TERMS. MILLION VERSUS EUR 277.4 MILLION YEAR
AGO
    * Q1 NET SALES EUR COMPARABLE OPERATING PROFIT WAS EUR 47.6
(29.5)
MILLION, A GROWTH OF 61.5%. MILLION VERSUS EUR 277.4 MILLION
YEAR AGO
    * GUIDANCE STATEMENT FOR 2021: UPDATED ON 16 APRIL 2021:
EXCLUDING
IMPACT OF CURRENCIES, UPONOR EXPECTS ITS NET SALES TO INCREASE
FROM YEAR 2020 AND ITS COMPARABLE OPERATING PROFIT TO STAY AT
LEVEL OF YEAR 2020.
    * Q1 OPERATING PROFIT WAS EUR 47.0 (28.6) MILLION, A GROWTH
OF
64.4%.
    * Q1 COMPARABLE OPERATING PROFIT WAS EUR 47.6 (29.5)
MILLION, A
GROWTH OF 61.5%.

Source text for Eikon:  ID:nGNE9T454y 
Further company coverage:  UPONOR.HE 

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