Brief: Bittium Q1 EBITDA Down At EUR 1.0 Million

Bittium Oyj

29/04/2021 06:08

April 29 (Reuters) - Bittium Oyj  BITTI.HE :
    * BITTIUM CORPORATION BUSINESS REVIEW JANUARY-MARCH 2021
    * Q1 NET SALES DECREASED BY 1.5 PERCENT YEAR-ON-YEAR TO EUR
17.0
MILLION (EUR 17.3 MILLION).
    * Q1 EBITDA WAS EUR 1.0 MILLION (EUR 2.7 MILLION).
    * Q1 OPERATING RESULT WAS EUR -1.5 MILLION (EUR 0.2
MILLION).
    * OUTLOOK FOR 2021 BITTIUM EXPECTS NET SALES IN 2021 TO GROW
FROM
PREVIOUS YEAR (EUR 78.4 MILLION IN 2020) AND OPERATING RESULT TO
IMPROVE FROM PREVIOUS YEAR (EUR 2.1 MILLION IN 2020)
    * OUTLOOK FOR 2021 NET SALES AND OPERATING RESULT OF Q2 2021
ARE
EXPECTED TO BE CLEARLY BETTER THAN IN Q1

Source text for Eikon:  ID:nWkr1p70Km 
Further company coverage:  BITTI.HE 

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