trending Market Intelligence /marketintelligence/en/news-insights/trending/tweWL9fzJvVj93D4ZIyixQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Oboya Horticulture Q1 profit climbs YOY


Q&A: Navigating Climate Risk as a Financial Risk


Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Fintech Intelligence Newsletter: February 2021


Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Oboya Horticulture Q1 profit climbs YOY

Oboya Horticulture Industries AB said its first-quarter normalized net income amounted to 18 Swedish öre per share, a gain from 3 öre per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 3.2 million kronor, a gain from 475,000 kronor in the year-earlier period.

The normalized profit margin rose to 3.5% from 0.6% in the year-earlier period.

Total revenue rose 19.4% year over year to 89.9 million kronor from 75.3 million kronor, and total operating expenses increased 10.0% from the prior-year period to 82.6 million kronor from 75.1 million kronor.

Reported net income grew from the prior-year period to 4.6 million kronor, or 26 öre per share, from 605,100 kronor, or 4 öre per share.

As of May 17, US$1 was equivalent to 8.24 Swedish kronor.