Brief: Aqualisbraemar Says Qtrly Revenue Of $19.2 Mln Vs Q2 2019 Revenue OF $19.2 Mln

Aqualis ASA

27/08/2020 05:06

Aug 27 (Reuters) - Aqualisbraemar ASA  AQUA.OL :
    * QTRLY OPERATING PROFIT (EBIT) OF USD 1.6 MILLION (Q1 2020:
USD
1.3 MILLION
    * AQUALISBRAEMAR- QTRLY REVENUES OF $19.2 MILLION VERSUS Q2
2019
REVENUE OF $19.2 MILLION
    * EXPECT LOWER ACTIVITY AND MARGINS IN Q3 DUE TO SEASONALITY
AND
CONTINUED IMPACT OF TRAVEL RESTRICTIONS
    * COST SYNERGY TARGET INCREASED FROM USD 2.5 MILLION TO USD
2.8
MILLION, TO BE REALISED DURING 2H20 AND 1H21
    * BOARD OF DIRECTORS SIGNALS AN EXPECTATION OF AN ADDITIONAL
DIVIDEND DURING Q4 2020

Source text for Eikon:  ID:nObiSywxCa 
Further company coverage:  AQUA.OL 

 ((Reuters.Briefs@thomsonreuters.com;))