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Serneke: An exciting turnaround in progress - SEB

Serneke’s Q3 group sales, EBIT and net earnings were well above our expectations, continuing to prove that it is progressing well in its turnaround. Both the two larger divisions – Sweden and Invest – explain the beat. It is particularly positive that the construction operations’ sales and order intake are continuing to grow whilst profitability is improving.

Serneke’s Q3 group sales, EBIT and net earnings were well above our expectations, continuing to prove that it is progressing well in its turnaround. Both the two larger divisions – Sweden and Invest – explain the beat. It is particularly positive that the construction operations’ sales and order intake are continuing to grow whilst profitability is improving.
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