Brief: Akva Group ASA - EBITDA Decreased To NOK 105 mln In Q3

Akva ASA

06/11/2020 07:03

Nov 6 (Reuters) - Akva Group ASA  AKVA.OL :
    * REG-AKVA GROUP ASA: 3Q 2020 FINANCIAL REPORTING
    * AKVA GROUP ASA - DELIVERED REVENUE FOR Q3 OF 806 MNOK (771 MNOK), AN INCREASE OF 4%
COMPARED TO
Q3 2019
    * AKVA GROUP ASA - EBITDA DECREASED FROM 115 MNOK IN Q3 2019 TO 105 MNOK IN Q3 2020
    * AKVA GROUP ASA - ORDER INTAKE IN QUARTER WAS 647 MNOK WITH A BACKLOG OF 1.63 BNOK AT END
OF
SEPTEMBER 2020
    * AKVA GROUP ASA - LOW SALMON PRICE CAUSES SOME UNCERTAINTY ON CUSTOMERS WILLINGNESS TO
INVEST
    * AKVA GROUP ASA - INTEREST FOR PATENTED TUBENETTM SOLUTION REMAINS STRONG, AND DELIVERY OF
100
MNOK CONTRACT SIGNED IN APRIL 2020 IS STILL ONGOING
    * AKVA GROUP ASA - DUE TO OVERALL UNCERTAINTY CAUSED BY COVID-19 COMPANY HAS DECIDED NOT TO
PAY
ANY DIVIDEND IN SECOND HALF OF 2020

Source text for Eikon:  ID:nGNE4wVCvz 
Further company coverage:  AKVA.OL 

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