Q3e: sales SEK 33m, -2% y-o-y, EBIT SEK -1m (-3m)
Hotel, restaurant and construction markets remain weak
GC&MP to partly compensate for this on strong momentum
Q3 expectations
The hotel, restaurant and construction markets continue to be weak, and we forecast Q3 sales of SEK 33m, down 2% y-o-y (NW&FT -10%, GC&MP +20%, FW -7.5%). While this is hurting the NW&FT and FW segments, strong momentum in the GC&MP segment partly compensates for this. We estimate EBIT of SEK -1m (-3m), as we expect cost control to remain good.
Finwire
30 October - 07:22