May 4, 2017 / 9:39 AM / 4 months ago

BRIEF-Lifco posts organic growth of 7.5 pct in Q1

May 4 (Reuters) - Lifco AB (Publ)

* Q1 net sales increased by 18.1 per cent to SEK 2,423 (2,051) million.

* Q1 organically, net sales grew by 7.5 per cent

* Q1 EBITA increased by 40.6 per cent to SEK 385 (274) million

* Says still have considerable financial scope for further acquisitions, as net debt remains at 2.1 times EBITDA before restructuring, integration and acquisition costs, well below our target of a net debt of less than three times EBITDA Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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