FIRST QUARTER 2021
Revenue increased by 13% to SEK 1,267m (SEK 1,118m)
Operating profit increased by 57% to SEK 80m (SEK 51m)
Operating margin increased to 6.3% (4.6%)
The result for the period increased by 176% to SEK 56m (SEK 20m)
Earnings per ordinary share amounted to SEK 3.85 (SEK 1.39)
Cash flows from operating activities amounted to SEK 91m (SEK 101m)
Lars Corneliusson, CEO Ferronordic, comments: "The first quarter of 2021 was another solid quarter, characterised by strong equipment sales in Russia/CIS, improving aftermarket sales in Germany and good profitability. In Russia/CIS, our new machine sales in units increased by 31% in a