Brief: Cloudberry Clean Energy Q1 Consolidated EBITDA Turns To Profit Of NOK 12 Mln

Cloudberry Clean Energy ASA

07/06/2022 06:16

June 7 (Reuters) - Cloudberry Clean Energy ASA  CLOUD.OL :
    * Q1 2022 FINANCIAL RESULTS
    * Q1 CONSOLIDATED AND PROPORTIONATE EBITDA NOK 12 MILLION (UP FROM NOK - 9 MIL. IN Q1'21)
AND 5
MILLION (UP FROM NOK -7 MILL. IN Q1'21) RESPECTIVELY
    * PROPORTIONATE PRODUCTION INCREASED FROM 8 GWH IN Q1 LAST YEAR TO 29 GWH IN Q1 OF 2022
    * Q1 TOTAL REVENUE NOK 30 MILLION VERSUS NOK  4 MILLION YEAR AGO
    * Q1 OPERATING PROFIT NOK 4 MILLION VERSUS LOSS NOK 11 MILLION YEAR AGO
    * OUTLOOK:  POSITIVE EBITDA AND STRONG GROWTH IN REVENUE

Source text for Eikon:  ID:nWkr7V6yYN 
Further company coverage:  CLOUD.OL 

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