Brief: Ctek And General Motors Ended The Collaboration

CTEK AB (publ)

10/12/2024 06:57

Dec 10 (Reuters) - CTEK AB (publ)  CTEK.ST :
    * COLLABORATION REGARDING EV CHARGERS FOR GENERAL MOTORS
ENDS -
LIMITED IMPACT ON FUTURE RESULT AND CASH FLOW
    * ENDED COLLABORATION ENTAILS ONE-OFF COSTS IN ORDER OF SEK
70-90
MILLION
    * IN 2024, TOTAL TURNOVER RELATED TO SALE OF EV CHARGERS TO
GENERAL MOTORS IS ESTIMATED TO BE IN ORDER OF SEK 75 MILLION
    * EBITDA MARGIN IS ESTIMATED TO AMOUNT TO LESS THAN 5
PERCENT FOR
THE FULL YEAR 2024

Source text:  ID:nWkr74KtH6 
Further company coverage:  CTEK.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))