Brief: Síminn Raises 2026 Earnings Outlook, Lowers Investment Guidance
BRIEF-Síminn Raises 2026 Earnings Outlook, Lowers Investment Guidance Aug 20 (Reuters) - Siminn hf SIMINN.IC:
SAID ON WEDNESDAY CO Q2 REVENUE ISK 7,356 MILLION
Q2 EBIT ISK 620 MILLION
Q2 EBITDA MARGIN 21.7%
Q2 EBITDA ISK 1,599 MILLION
WE ARE RAISING OUR EARNINGS OUTLOOK TO REFLECT THE CONSOLIDATION OF GREIÐSLUMIÐLUN ÍSLANDS
AT THE SAME TIME, WE ARE LOWERING OUR FULL-YEAR INVESTMENT GUIDANCE BY ISK 200 MILLION
OUTLOOK FOR 2026: EBITDA ISK 7.0–7.4 BILLION (PREVIOUSLY ISK 6.8–7.2 BILLION)
OUTLOOK FOR 2026: EBIT ISK 3.3–3.7 BILLION (PREVIOUSLY ISK 3.2–3.6 BILLION)
OUTLOOK FOR 2026: INVESTMENTS ISK 3.2–3.4 BILLION (PREVIOUSLY ISK 3.4–3.7 BILLION)
Source text: ID:nGNE8sfVvH
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