Brief: AAC Clyde Space Q3 EBITDA Loss Widens To SEK 10.0 Mln

AAC Clyde Space AB

25/11/2021 08:39

Nov 25 (Reuters) - AAC Clyde Space AB  AACM.ST :
    * INTERIM REPORT FOR AAC CLYDE SPACE AB (PUBL) JANUARY -
SEPTEMBER
2021
    * Q3  NET SALES INCREASED 23% TO SEK 33.7 M (27.3)
    * Q3 LOSS AFTER TAX WAS SEK -17.6 M (-4.9
    * Q3 EBITDA AMOUNTED TO SEK -10.0 M (-2.2)
    * OUTLOOK: WE REMAIN WITH OUR REVENUE TARGET OF
APPROXIMATELY SEK
200M IN 2021 -AND OUR TARGET OF SEK 500M BY 2024.
    * OUTLOOK: WE EXPECT AAC CLYDE SPACE WILL BE GENERATING
SALES OF
AROUND USD250 MILLION A YEAR BY 2030, WITH ABOUT USD150 MILLION
COMING FROM SPACE DATA AS A SERVICE

Source text for Eikon:  ID:nBQN4kXrXM 
Further company coverage:  AACM.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;;))