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ARCUS - Arcus ASA News Story

NOK44 -0.2  -0.3%

Last Trade - 16/04/21

Sector
Consumer Defensives
Size
Small Cap
Market Cap £259.4m
Enterprise Value £401.5m
Revenue £259.5m
Position in Universe 645th / 1831

BRIEF-Arcus Q2 EBITDA Up At NOK 101.0 Mln

Tue 18th August, 2020 6:10am
Aug 18 (Reuters) - Arcus ASA  ARCUS.OL :
    * ARCUS ASA Q2 OPERATING REVENUE NOK 767.2  MILLION VERSUS
NOK
698.0 MILLION YEAR AGO
    * ARCUS ASA Q2 EBITDA NOK 101.0 MILLION VERSUS NOK 71.1
MILLION
YEAR AGO
    * IN NORWAY, ARCUS’ SALES GREW MORE THAN THE EXTREMELY
FAST-GROWING MARKET
    * FAVOURABLE PRODUCT MIX WITH MORE BAG-IN-BOX SALES AND
PRICE
INCREASES TO MONOPOLIES LED TO INCREASED GROSS MARGIN
    * WHILE WE CURRENTLY STILL EXPERIENCE POSITIVE EFFECTS, IT
IS
IMPOSSIBLE TO FORECAST HOW LONG THEY WILL CONTINUE
    * OVER THE NEXT YEARS, ARCUS IS STILL COMMITTED TO MEET THE
FINANCIAL TARGETS OUTLINED AT THE IPO
    * NO IMPAIRMENT IS IDENTIFIED IN THE FIRST HALF OF 2020

Source text for Eikon:  ID:nObiqBgJra 
Further company coverage:  ARCUS.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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