Q1 prel. figures: EBITA 6% below ABGSCe, higher financials
Elanders released preliminary Q1 figures today. Sales were SEK 3,589m (-5% vs. ABGSCe 3,775m, -3% FactSet cons. 3,717m), adj. EBITA was SEK 217m (-6% vs. ABGSCe 230m, -4% vs. Cons. 227m), for an adj. EBITA margin of 6.0% (ABGSCe 6.1%, cons 6.1%). Adj. PTP was SEK 117m (-20% vs. ABGSCe 147m, -19% vs. Cons 144m).
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