Brief: Axactor Q1 EBIT Rises To EUR 19.9 Million

Axactor ASA

26/04/2019 06:06

April 26 (Reuters) - Axactor SE  AXAC.OL :
    * PORTFOLIO INVESTMENTS AMOUNTED TO EUR 69 MILLION IN Q1
    * SEES ATTRACTIVE INVESTMENT OPPORTUNITIES IN NPL SEGMENT
AND
INCREASED FUNDING LEAVES ROOM FOR INCREASING TOTAL PLANNED
INVESTMENT LEVEL IN 2019 FROM EUR 350-400 MILLION TO EUR 400-450
MILLION
    * PORTFOLIO INVESTMENTS AND SOLID COLLECTION PERFORMANCE
POINT
TOWARDS CONTINUED PROFITABLE GROWTH
    * GROSS REVENUE FOR THE FIRST QUARTER OF 2019 WAS EUR 90.7
MILLION
    * OPERATING PROFIT (EBIT) WAS EUR 19.9 MILLION IN THE FIRST
QUARTER 2019 (4.8).

Source text for Eikon:  ID:nObi7RtN8a 
Further company coverage:  AXAC.OL 

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