Bildkälla: Stockfoto

Aspo: Expects strong market situation to continue - Nordea

In line with pre-released figures, Aspo reported Q2 EBIT of EUR 9.6m. Net sales amounted to EUR 143m, 6% above Infront consensus. Cargo market returned to nearly normal level during Q2. Demand for Telko’s products was at a good level in all markets, while volume development was hindered by availability in certain product categories. Improved availability towards end of the quarter has caused some categories price levels to decrease. The outlook for a cargo market remains favourable and the company expects significantly higher transportation volumes y/y in H2. Operating cash flow stood at EUR 15.6m in Q2 (EUR 16.6m a year ago). The company reiterated its full year guidance (upgraded on 4 August) and expects EBIT to be EUR 30-36m in 2021 (from EUR 19.3m in 2020). For 2021, pre-Q2 Infront consensus has already been expecting operating profit of EUR 35m.

In line with pre-released figures, Aspo reported Q2 EBIT of EUR 9.6m. Net sales amounted to EUR 143m, 6% above Infront consensus. Cargo market returned to nearly normal level during Q2. Demand for Telko’s products was at a good level in all markets, while volume development was hindered by availability in certain product categories. Improved availability towards end of the quarter has caused some categories price levels to decrease. The outlook for a cargo market remains favourable and the company expects significantly higher transportation volumes y/y in H2. Operating cash flow stood at EUR 15.6m in Q2 (EUR 16.6m a year ago). The company reiterated its full year guidance (upgraded on 4 August) and expects EBIT to be EUR 30-36m in 2021 (from EUR 19.3m in 2020). For 2021, pre-Q2 Infront consensus has already been expecting operating profit of EUR 35m.
Börsvärldens nyhetsbrev
ANNONSER