Brief: Axactor Q1 EBITDA Up At EUR 17.7 Mln

Axactor ASA

30/04/2021 06:08

April 30 (Reuters) - Axactor SE  ACR.OL :
    * DELIVERED TOTAL INCOME IN Q1 2021 OF EUR 61.0 MILLION, AN
INCREASE OF 10% FROM Q1 LAST YEAR (55.6 MILLION)
    * Q1 EBITDA OF EUR 17.7 MILLION (14.1)
    * Q1 PROFIT BEFORE TAX WAS EUR -1.7 MILLION (5.6),
NEGATIVELY
AFFECTED BY EUR 3.2 MILLION IN ONE-OFF RESTRUCTURING COSTS AND
AN UNREALIZED FX LOSS OF EUR 4.0 MILLION
    * COMPANY HAS PURPOSELY REDUCED ITS FORWARD FLOW COMMITMENTS
OVER
PAST TWELVE MONTHS TO SAFEGUARD LIQUIDITY DURING VOLATILE
SITUATION CAUSED BY COVID-19 PANDEMIC

Source text for Eikon:  ID:nObi8NzsHa 
Further company coverage:  ACR.OL 

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