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ACR Axactor ASA News Story

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Brief: Axactor Q4 EBITDA Swings To Loss EUR 26 Mln

Jan 18 (Reuters) - Axactor SE  ACR.OL :
    * REPORTED ON MONDAY PRELIMINARY GROSS REVENUE OF EUR 86
MILLION
VERSUS EUR 92 MILLION YEAR AGO
    * PRELIMINARY Q4 EBITDA LOSS EUR 26 MLN VERSUSS PROFIT EUR
17 MLN
YEAR AGO
    * PRELIMINARY Q4 PRE-TAX NET LOSS EUR 42 MLN VERSUS LOSS EUR
3 MLN
YEAR AGO
    * AS PART OF SETTLEMENT FOR TERMINATION OF FORWARD FLOW
AGREEMENT
WITH SWEDISH BANK AXACTOR WILL PAY EUR 2.2 MILLION, WHICH WILL
BE BOOKED IN Q4
    * OUTLOOK: EXPECTS NPL INVESTMENTS OF EUR 200 - 250M IN 2022

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nObi5w1Wxa
 Further company coverage:  ACR.OL  

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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