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ASTK Asetek A/S News Story

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Brief: Asetek Expects 2025 Total Revenue In Range Of $45 To $53 Mln

April 25 (Reuters) - Asetek A/S ASTK.CO:

ASETEK OUTLOOK FY REVENUE USD 5-10 MILLION

REVISES SIMSPORTS REVENUE OUTLOOK TO $5-$10 MILLION FOR 2025

GUIDANCE FOR LIQUID COOLING SEGMENT REMAINS UNCHANGED

TOTAL GROUP REVENUE FOR 2025 IS NOW EXPECTED TO BE IN RANGE OF $45 TO $53 MILLION, COMPARED TO PREVIOUS GUIDANCE OF $52 TO $58 MILLION

GROUP'S ADJUSTED EBITDA MARGIN IS NOW EXPECTED TO BE IN RANGE OF 0-3%, REVISED FROM PREVIOUS GUIDANCE OF 3-5%.

ADJUSTED OUTLOOK MAINLY REFLECTS IMPACT OF TARIFFS IMPLEMENTED TO DATE BY U.S. GOVERNMENT ON IMPORTS FROM OTHER COUNTRIES

IN 2024, APPROXIMATELY 50% OF TOTAL REVENUE IN SIMSPORTS SEGMENT IS DERIVED FROM SALES TO U.S. MARKET

DUE TO TARIFFS, ASETEK HAS CEASED ALL SHIPMENTS TO U.S.

Source text: ID:nWkrdMYfZ

Further company coverage: ASTK.CO

 (Gdansk Newsroom)

 ((Gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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