Brief: AAC Clyde Space Q1 Loss After Tax Widens To SEK 11.7 Mln

AAC Clyde Space AB

19/05/2022 07:56

May 19 (Reuters) - AAC Clyde Space AB  AACM.ST :
    * INTERIM REPORT FOR AAC CLYDE SPACE AB (PUBL) JANUARY-MARCH
2022
    * NET SALES INCREASED 12% TO SEK 41.2 M (36.8)
    * EARNINGS BEFORE INTEREST AND TAX (EBIT) AMOUNTED TO SEK
-14.7 M
(-4.4)
    * LOSS AFTER TAX WAS SEK -11.7 M (-4.0)
    * IN THE FIRST QUARTER, WE REPORTED NET SALES OF SEK 41.2M
AND OUR
ORDER BACKLOG IMPROVED BY 178% OVER THE SAME PERIOD TO SEK 395M.
OUR TARGET REMAINS TO BE EBITDA POSITIVE AND TO GENERATE
POSITIVE OPERATIONAL CASH FLOW IN 2022

Source text for Eikon:  ID:nBQN3yThkC 
Further company coverage:  AACM.ST 

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