Brief: Endur Q2 Adj EBITDA Up By 55% At NOK 57.5 Mln

Endur ASA

24/08/2022 06:59

Aug 24 (Reuters) - Endur ASA  ENDUR.OL :
    * Q2 CONSOLIDATED REVENUE OF NOK 637.9 MILLION, UP 18 PERCENT FROM SAME QUARTER LAST YEAR
(Q2
2021: NOK 542 MILLION)
    * Q2 ADJUSTED EBITDA IMPROVED BY 55 PERCENT TO NOK 57.5 MILLION (37.2)
    * Q2 PROFIT BEFORE TAX ENDED AT NOK 7.8 MILLION (-31.8)
    * Q2 UNDERLYING ORDER INTAKE OF NOK 289 MILLION (275)
    * ORDER INTAKE AND ORGANIC GROWTH IN ONGOING PROJECTS YIELDED GROUP TO UPHOLD BACKLOG DURING
QUARTER, ENDING AT NOK 1,760 AS OF 30 JUNE 2022
    * WITHIN MARINE INFRASTRUCTURE, ENDÚR EXPECTS INCREASE IN ACTIVITY LEVEL IN COMING QUARTERS,
BECAUSE OF CONTINUED HIGH TENDER ACTIVITY, GENERAL STRONG DEMAND FOR TYPE OF SERVICES ENDÚR
DELIVERS
    * AS A RESULT, ENDÚR EXPECTS MARINE INFRASTRUCTURE MARGINS TO IMPROVE FURTHER IN SECOND HALF
OF
YEAR

Source text for Eikon:  ID:nObibQppba 
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