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Hexatronic says coronavirus has minor impact on Q1 results, predicts slightly lower activity Q2

Wednesday 29 April 2020 | 12:26 CET | News
Swedish infrastructure supplier Hexatronic said it suffered minor impact from Covid-19 in the first quarter of 2020 and expects continued slightly lower activity in Q2. It said the need for reliable internet for teleworking, video meetings and online schooling during the outbreak will benefit investment in communications networks. First quarter net sales rose 4 percent year on year to SEK 437.4 million from SEK 421.1 million a year earlier, with EBITDA up 5 percent to SEK 22.2 million.

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Categories: Fixed
Companies: Hexatronic
Countries: Sweden / World
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