Brief: Bittium Q3 EBITDA Down At EUR 0.2 Million

Bittium Oyj

21/10/2022 06:12

Oct 21 (Reuters) - Bittium Oyj  BITTI.HE :
    * Q3 NET SALES EUR 13.8 MILLION VERSUS EUR 17.1 MILLION YEAR
AGO
    * Q3 EBITDA EUR 0.2 MILLION VERSUS EUR 2.9 MILLION YEAR AGO
    * NET SALES AND OPERATING RESULT REMAINED EXCEPTIONALLY LOW
DUE TO
POSTPONEMENT OF SEVERAL PRODUCT DELIVERIES
    * EXPECTS NET SALES OF 2022 TO BE AT SAME LEVEL AS IN
PREVIOUS
YEAR (EUR 86.9 MILLION IN 2021)
    * EXPECTS OPERATING RESULT OF 2022 TO BE POSITIVE (EUR 3.2
MILLION
IN 2021)

Source text for Eikon:  ID:nWkrb2n7t2 
Further company coverage:  BITTI.HE 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))