Brief: ProfilGruppen Q1 operating profit down at SEK 7.1 million
19/04/2016 07:46
April 19 (Reuters) - ProfilGruppen AB PROFb.ST :
* Q1 turnover 260.6 million Swedish crowns ($32.20 million) versus 256.4 million crowns year
ago
* Q1 operating profit 7.1 million crowns versus 10.1 million crowns year ago
* Says result has been affected by nonrecurring start-up costs of 3.0 million crowns in
jointly owned subsidiary PG&WIP AB, which is according to plan
* Says Q2 has in terms of sales had a stable start, estimates new company PG&WIP AB to
contribute positively to business
Source text for Eikon: ID:nWkrdr8529
Further company coverage: PROFb.ST
($1 = 8.0926 Swedish crowns)
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))