HEXPOL Expects To Report Third Quarter Operating Profit Well Above Market Expectations
HEXPOL expects to report adjusted operating profit for third quarter 2020 well above market expectations while sales are estimated to be in line with expectations.
The adjusted operating profit for third quarter 2020 is expected to be in the range of 560 and 590 MSEK (583) affected by higher volumes compared to the previous quarter combined with substantially lower costs. There are no benefits related to Covid-19 Swedish government grants recorded in this result.
All figures presented in this press release are preliminary and unaudited. HEXPOL will not make any further comments until the report for the third quarter has been published. The third quarter report will be published on 23 October at 12:00 CET. HEXPOL will present the report on a conference call on the same day at 13:00 CET.