Brief: Axactor Q3 Profit Before Tax Up At EUR 12.3 Mln

Axactor ASA

28/10/2020 06:12

Oct 28 (Reuters) - Axactor SE  AXAC.OL :
    * COMPANY REITERATES ITS GUIDING ON NPL INVESTMENTS NORTH OF
EUR
200 MILLION FOR 2020, WHICH WILL PROVIDE VOLUME GROWTH GOING
INTO 2021
    * WE CONTINUE TO REDUCE RISK BY HOLDING BACK ON NEW
INVESTMENTS
    * LIQUIDITY POSITION OF COMPANY IS SATISFACTORY AND EXPECTED
TO
IMPROVE FURTHER OVER COMING QUARTERS
    * NEAR-TERM FOCUS REMAINS ON DELEVERAGING
    * Q3 GROSS REVENUE EUR  83.3 MILLION VERSUS EUR 87.3 MILLION
YEAR
AGO
    * Q3 PROFIT BEFORE TAX EUR 12.3 MILLION VERSUS EUR 6.3
MILLION
YEAR AGO

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

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