Brief: Axactor Terminates Discussions Regarding Potential Public Offer For Company Initiated In Q4 2019

Axactor ASA

04/02/2020 06:40

Feb 4 (Reuters) - Axactor SE  AXAC.OL :
    * TERMINATED DISCUSSIONS REGARDING A POTENTIAL PUBLIC OFFER
FOR
COMPANY THAT WERE INITIATED IN Q4 2019
    * DECISION FOLLOWED RECEIPT OF AN UPDATED, CONDITIONAL
EXPRESSION
OF INTEREST, WHICH WAS SUBMITTED AFTER CONCLUSION OF DUE
DILIGENCE
    * EBITDA INCREASED BY 22% TO EUR 23.8 MILLION FOR Q4 (19.6),
AND
BY 99% TO EUR 92.1 MILLION FOR FULL YEAR (46.3)
    * PRELIM Q4 NET REVENUE EUR 74.8 MILLION

Source text for Eikon:  ID:nObikC6zXa 
Further company coverage:  AXAC.OL 

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