Brief: Axactor Q3 Profit Before Tax Up At EUR 6.3 Mln

Axactor ASA

25/10/2019 06:07

Oct 25 (Reuters) - Axactor SE  AXAC.OL :
    * AXACTOR DOUBLES EBITDA TO EUR 20 MILLION IN Q3
    * Q3 GROSS REVENUE INCREASED BY 55% TO EUR 87.3 MILLION AND
EBITDA
DOUBLED TO EUR 20 MILLION
    * Q3 PROFIT BEFORE TAX AMOUNTED TO EUR 6.3 MILLION, UP FROM
EUR
0.8 MILLION IN SAME PERIOD LAST YEAR
    * INCREASED VOLUMES CONTINUE TO GENERATE SCALE BENEFITS AND
DRIVE
OPERATING MARGINS IN RIGHT DIRECTION
    * AXACTOR EXPECTS CONTINUED SOLID GROWTH FOR REMAINDER OF
2019 AND
INTO 2020.

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

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