India, Oct. 12 -- Monday, Karnell Group AB (publ) (O4X.F) announced its preliminary results for the third quarter, expecting strong net sales and EBITA growth, driven by high demand.
The Sweden-based company anticipates net sales of SEK 580 million, up around 33 percent from last year's SEK 436 million.
Meanwhile, it estimates EBITA to climb by approximately 73 percent, to SEK 120 million from SEK 69 million in the prior year.
Karnell's stock was trading at 8.88 euros, up 2.07 percent on the Frankfurt Exchange.
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