Brief: Cambi Q1 Order Backlog Down At NOK 406 Million

Cambi ASA

24/05/2022 06:56

May 24 (Reuters) - Cambi ASA  CAMBI.OL :
    * CAMBI ASA - FIRST-QUARTER REVENUE WAS NOK 69 MILLION (NOK
108
MILLION), WITH EBITDA LOSS BEFORE NON-RECURRING ITEMS AT NOK
21.1 MILLION
    * CAMBI RELEASES FIRST-QUARTER 2022 RESULTS
    * Q1 OF 2022 WAS AFFECTED BY HIGHER RAW MATERIAL AND FUEL
PRICES,
SUPPLY CHAIN DISRUPTIONS, AND PROJECT IN UKRAINE BEING ON HOLD
DUE TO FORCE MAJEURE
    * Q1 ORDER INTAKE WAS NOK 15 MILLION (NOK 153 MILLION),
BRINGING
ORDER BACKLOG TO NOK 406 MILLION (NOK 483 MILLION)
    * FROM START OF Q2, COMPANY EXPECTS TO SIGN EQUIPMENT
CONTRACTS
WITH A TOTAL VALUE OF NOK 1 BILLION BY END OF 2023, AND NOK 1.7
BILLION BY END OF 2024

Source text for Eikon:  ID:nNDL5PVjYL 
Further company coverage:  CAMBI.OL 

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