Brief: Columbus Q3 Prelim EBITDA Up At DKK 16 Mln, Lowers FY Guidance

Columbus A/S

15/11/2022 06:57

Nov 15 (Reuters) - Columbus A/S  COLUM.CO :
    * UPDATE OF FINANCIAL OUTLOOK FOR 2022
    * PRELIMINARY RESULTS FOR Q3 ARE AS FOLLOWS:NET REVENUE
AMOUNTED
TO DKK 334M, CORRESPONDING TO AN ORGANIC GROWTH OF 9%
    * PRELIMINARY RESULTS FOR Q3 ARE AS FOLLOWS: EBITDA AMOUNTED
TO
DKK 16M, AN INCREASE OF DKK 15M COMPARED TO Q3 2021
    * WE SPECIFY FULL-YEAR REVENUE GUIDANCE, FROM A RANGE OF DKK
1,525M - 1,625M TO REVENUE GUIDANCE IS SPECIFIED TO DKK 1.525M
    * IS ADJUSTING FULL-YEAR GUIDANCE FOR EBITDA FROM A RANGE OF
DKK
120M - 145M TO:EBITDA GUIDANCE IS ADJUSTED TO AROUND DKK 100M
    * EBITDA GUIDANCE FOR 2022 IS REVISED TO REFLECT SLOWER THAN
EXPECTED EFFICIENCY IMPROVEMENTS IN SECOND HALF OF 2022 AND
GENERAL HIGHER UNCERTAINTY IN MARKETS IN WHICH COLUMBUS OPERATES
    * TOP-LINE IS DEVELOPING SATISFACTORILY ALTHOUGH WITH
SLIGHTLY
LOWER OVERALL GROWTH THAN EXPECTED DUE TO LONGER SALES PROCESSES

Source text for Eikon:  ID:nGNE8vZ85L 
Further company coverage:  COLUM.CO 
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