Brief: Arcticzymes Q3 Gross Profit Rises To NOK 26.0 Million

Arcticzymes Technologies ASA

22/10/2020 06:07

Oct 22 (Reuters) - Arcticzymes Technologies ASA  ARCZ.OL :
    * ARCTICZYMES TECHNOLOGIES Q3 2020 RESULTS
    * Q3 GROSS PROFIT FOR GROUP IMPROVED 65% TO NOK 26.0 MILLION
(Q3
2019: NOK 15.7 MILLION)
    * Q3 ARCTICZYMES HAD Q3 SALES OF NOK 19.5 MILLION GROWING BY
63%
(Q3 2019: NOK 12.0 MILLION)
    * UPSIDES RELATING TO COVID-19 PANDEMIC IS ESTIMATED AT NOK
4
MILLION FOR ARCTICZYMES AND NOK 1.25 MILLION FOR CONSUMER HEALTH
    * Q3 GROUP DELIVERED POSITIVE EBITDA WITH NOK 10.1 MILLION
(Q3
2019: NOK 0.8 MILLION)
    * AS EXPECTED, CORONAVIRUS RELATED UPSIDES ATTRIBUTED
TOWARDS Q3
SALES BUT TO A LESSER EXTENT THAN IN Q2.

Source text for Eikon:  ID:nWkrb4Ch06 
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