Brief: Axactor Q4 Earnings Before Tax Fall To EUR 0.7 Million

Axactor ASA

24/02/2021 06:10

Feb 24 (Reuters) - Axactor SE  ACR.OL 

    * REPORTS Q4 AND FULL YEAR 2020 RESULTS
    * AXACTOR SE AXACTOR CONTINUED UNDERLYING RECOVERY IN GROSS
REVENUE FOR ALL BUSINESS SEGMENTS IN Q4
    * AXACTOR SE - Q4 GROSS REVENUE FOR QUARTER ENDED AT 94.9
MILLION
(98.8), A 14% INCREASE FROM Q3 2020
    * Q4 DESPITE POSITIVE UNDERLYING DEVELOPMENT IN ALL THREE
BUSINESS
SEGMENTS, COVID-19 PANDEMIC CONTINUE TO IMPACT AXACTOR'S FIGURES
    * AXACTOR SE TOTAL INCOME FOR Q4 WAS THUS EUR 58.5 MILLION
(74.8),
AND FOR FULL YEAR 2020 EUR 205.0 (285.2)
    * Q4 EARNINGS BEFORE TAX AMOUNTED TO EUR 0.7 MILLION (8.5)
    * Q4 NET PROFIT AMOUNTED TO EUR 3.3 MILLION (6.5)

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

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