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Hexatronic says coronavirus dents Q1 sales, scraps dividend amid uncertainty

Friday 3 April 2020 | 09:44 CET | News
Swedish infrastructure supplier Hexatronic Group said the coronavirus caused delivery delays in the first quarter that it believes dented sales by about 5 percent, adding that it is withdrawing its dividend proposal. Even so, preliminary net sales for Q1 were up by 6 percent on an organic basis at SEK 445 million, with the order backlog 35 percent higher year on year organically.

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Categories: Fixed
Companies: Hexatronic
Countries: Sweden / World
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