Brief: Axactor Q4 EBITDA Up At EUR 24 Mln

Axactor ASA

12/02/2020 06:20

Feb 12 (Reuters) - Axactor SE  AXAC.OL :
    * AXACTOR ENDS THE YEAR WITH HIGH GROWTH AND MARGIN
EXPANSION
    * GROWTH IN ALL BUSINESS SEGMENTS FOR BOTH Q4 AND FULL YEAR
    * GROSS REVENUE INCREASED BY 32% TO EUR 99 MILLION FOR Q4
AND BY
54% TO EUR 368 MILLION FOR FULL YEAR
    * EBITDA WAS UP 22% TO EUR 24 MILLION IN Q4 AND DOUBLED TO
EUR 92
MILLION FOR FULL YEAR
    * GROSS REVENUE IN NPL SEGMENT (NON-PERFORMING LOANS)
INCREASED BY
54% TO EUR 60.8 MILLION IN Q4
    * IN 2020, COMPANY TARGETS INVESTMENTS IN NPL PORTFOLIOS IN
RANGE
OF EUR 350-400 MILLION

Source text for Eikon:  ID:nObi9JXRHa 
Further company coverage:  AXAC.OL 

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