Brief: Enedo H1 Adjusted EBITDA Up At EUR 1.3 Million

Enedo Oyj

12/08/2022 07:59

Aug 12 (Reuters) - Enedo Oyj  ENEDO.HE :
    * H1 NET SALES EUR 20.9 MILLION VERSUS EUR 18.1 MILLION YEAR
AGO
    * COMPANY HAS DECIDED TO CONTINUE POLICY OF NOT TO GIVE AN
ESTIMATE FOR 2022 FINANCIAL DEVELOPMENT
    * H1 ADJUSTED EBITDA EUR 1.3 MILLION VERSUS LOSS EUR 0.6
MILLION
YEAR AGO
    * IMPROVED FINANCIAL PERFORMANCE IS DUE TO OUR HIGH ORDER
STOCK
WHICH ENABLES GROWTH IN NET SALES AND DUE TO EXECUTED TURNAROUND
PROGRAM WHICH HAS HEAVILY DECREASED OUR EXPENSES

Source text for Eikon:  ID:nGNE9jZLFV 
Further company coverage:  ENEDO.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))