Brief: Fjordkraft Holding Q2 Adjusted EBIT Up At NOK 124.2 Mln

Elmera ASA

20/08/2020 06:12

Aug 20 (Reuters) - Fjordkraft Holding ASA  FKRAFT.OL :
    * FJORDKRAFT HOLDING ASA Q2 ADJUSTED NET REVENUE NOK 330.4
MILLION
VERSUS NOK  283.2 MILLION YEAR AGO
    * FJORDKRAFT HOLDING ASA Q2 ADJUSTED EBIT NOK 124.2 MILLION
VERSUS
NOK  98.4 MILLION YEAR AGO
    * A REVISED OUTLOOK INCLUDING THE INNLANDSKRAFT ACQUISITION
WILL
BE ANNOUNCED AT Q3 REPORTING, AFTER CLOSING OF THE TRANSACTION
    * OUTLOOK: REVISED IN Q2 - EXPECTING ABOVE DOUBLE DIGIT NET
REVENUE GROWTH IN 2020
    * OUTLOOK FOR 2020-2022 REVISED IN Q2: EXPECTING A HIGHER
MARGIN
THAN TARGETED FOR 2020
    * OUTLOOK REVISED IN Q2: TOTAL SEGMENT EBIT IN 2020 EXPECTED
IN
THE AREA OF NEGATIVE NOK 30-40M
    * OUTLOOK REVISED IN Q2: CAPEX EXPECTED IN THE AREA OF NOK
65-70M

Source text for Eikon:  ID:nObi3qGQja 
Further company coverage:  FKRAFT.OL 

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