Reuters logo
BRIEF-Bulten operating earnings fall in Q3
October 26, 2017 / 11:39 AM / a month ago

BRIEF-Bulten operating earnings fall in Q3

Oct 26 (Reuters) - Bulten AB

* Q3 ‍net sales reached SEK 630 million, an increase of 5.0 pct on same period last year​

* Q3 ‍operating earnings (EBIT) were SEK 35 million vs yr-ago 39 million, which corresponds to an operating margin of 5.5 pct vs yr-ago 6.5 pct​

* Q3 ‍order bookings amounted to SEK 691 million, an increase of 14.7 pct

* Says growth and profitability were hampered by slightly lower volumes due to customers’ model changes

* Says the profitability has also been negatively impacted by higher global market prices for steel and other metals, as well as currency effects

* Says underlying profitability is good considering this was the third quarter, which has fewer production days.​ Source text for Eikon: Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below