April 24, 2018 / 9:38 AM / 7 months ago

BRIEF-Lifco Q1 operating profit rises

April 24 (Reuters) - Lifco AB (publ):

* Q1 NET SALES INCREASED BY 10.4 PER CENT TO SEK 2,674 (2,423) MILLION.

* Q1 EBITA* INCREASED BY 8.6 PER CENT TO SEK 418 (385) MILLION

* SAYS HAS A GOOD FINANCIAL POSITION AND AMPLE FINANCIAL SCOPE FOR FURTHER ACQUISITIONS

* SAYS ORGANICALLY, NET SALES DECREASED BY 0.6 PER CENT

* SAYS IN MANY OF OUR MANUFACTURING UNITS WE WERE AFFECTED BY INCREASED DELIVERY TIMES AND DELAYS AMONG OUR SUBCONTRACTORS Source text for Eikon: Further company coverage: (Reporting by Stockholm Newsroom)

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