Supply Chain Council of European Union | Scceu.org
Procurement

Significantly improved operating profit in the second quarter due to management of raw material spend

ProfilGruppen‘s preliminary financial statements show a significant improvement in earnings for the second quarter of 2022. Operating profit is expected to amount to approximately SEK 80 million after a positive effect of SEK 40 million generated by the company’s management of raw material spend in a volatile market with a sharp fall in aluminum prices. The conditions for a corresponding effect in the coming quarters are not present.

© Modular Finance, source Nordic Press Releases

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