Aktuellt
SENASTE
Aspo reported Q1 EBIT of EUR 7.9m, +28% / +25% versus Infront consensus / Nordea estimates, respectively. Net sales amounted to EUR 132m, fairly in line with expectations. Cargo market continued to recover in Q1. Telko benefited from increasing plastic prices, while there has been some issues with availability of plastics in the market. The outlook for a cargo market appears favourable with dry bulk indices gaining momentum which usually have a positive impact on the profitability of Supramax vessels. Operating cash flow stood at EUR 6.6m in Q1 (EUR 13.9m a year ago) with EUR -7.2m working capital impact. The company reiterated its full year guidance and expects EBIT to improve in 2021 y/y (from EUR 19.3m in 2020). For 2021, consensus has already been expecting operating profit of EUR 29m.
LÄS MER
