Brief: Componenta Q4 EBITDA Swings To Profit Of EUR 1.9 Million

Componenta Oyj

26/02/2021 06:09

Feb 26 (Reuters) - Componenta Corp  CTH1V.HE :
    * COMPONENTA'S FINANCIAL STATEMENTS RELEASE 1.1. -
31.12.2020: NET
SALES INCREASED AND EBITDA CLEARLY IMPROVED
    * Q4 NET SALES DECREASED TO EUR 17.5 MILLION (EUR 18.4
MILLION)
    * Q4 EBITDA INCREASED TO EUR 1.9 MILLION (EUR -0.3 MILLION)
    * CANNOT DISTRIBUTE A DIVIDEND BETWEEN APPROVAL AND
CONCLUSION OF
RESTRUCTURING PROGRAMME
    * EXPECTS NET SALES OF CONTINUED OPERATIONS IN 2021 TO BE
EUR
70-80 MILLION
    * 2021 EBITDA IS EXPECTED TO IMPROVE FROM PREVIOUS YEAR

Source text for Eikon:  ID:nWkr6ryhVV 
Further company coverage:  CTH1V.HE 

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