Beijer Electronics: Signs of market recovery in the quarter

Research Note

2021-04-21

15:29

Sales moved sideways on a quarterly basis, but the result was back in black. On a year-on-year basis, sales decreased by 11%. Beijer Group's Q1'21 offered scattered showers, with supply chain troubles but also a record order backlog and solid order intake. Beijer Electronics' order intake was the report's highlight (up with 25% y/y when adjusted for currency effects).

MS

Mark Siöstedt

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