Brief: Cambi Q3 EBITDA Loss NOK 2.4 Million

Cambi ASA

10/11/2022 07:16

Nov 10 (Reuters) - Cambi ASA  CAMBI.OL :
    * CAMBI ASA MEETS NOK 1 BILLION IPO ORDER INTAKE ESTIMATE
FOR
2021-2022 AND RELEASES THIRD-QUARTER RESULTS
    * Q3 RESULTS WERE INFLUENCED BY CONTINUED DELAYS IN PROJECT
EXECUTION AT CUSTOMER SITES
    * Q3 REVENUE WAS NOK 109 MILLION, 16% DOWN FROM NOK 130
MILLION IN
SAME PERIOD LAST YEAR
    * Q3 EBITDA WAS NOK (2.4) MILLION
    *  DECREASE IS MAINLY DUE TO LOWER REVENUE IN CAMBI GROUP
SEGMENT
    * RECOGNISED NOK 184 MILLION (NOK 113 MILLION) IN Q3 ORDER
INTAKE
FOR 2022 (2021)

Source text for Eikon:  ID:nObiy2LR8a 
Further company coverage:  CAMBI.OL 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))