Brief: Enersense Expects Adjusted EBITDA In Range Of EUR 12-18 Mln In 2023

Enersense International Oyj

27/10/2023 10:42

Oct 27 (Reuters) - Enersense International Oyj
 ESENSE.HE :
    * UPDATED GUIDANCE FOR 2023 FINANCIAL PERIOD
    * DESPITE GENERAL ECONOMIC UNCERTAINTY, MARKET SITUATION IN
ENERSENSE'S BUSINESS AREAS HAS CONTINUED TO BE GOOD IN BEGINNING
OF YEAR AND FAVOURABLE DEVELOPMENT IS EXPECTED TO CONTINUE
    * COMPANY'S STRONG ORDER BACKLOG GIVES A GOOD BASIS FOR
INCREASING
REVENUE
    * IN 2023, ENERSENSE'S REVENUE IS EXPECTED TO BE OVER EUR
330
MILLION AND ADJUSTED EBITDA IN RANGE OF EUR 12-18 MILLION
    * PROFITABILITY WILL BE IMPACTED BY IMPLEMENTATION OF NEW
ERP-SYSTEM AS WELL AS ON-GOING INVESTMENTS IN DEVELOPING
OFFSHORE WIND POWER BUSINESS AND ACCELERATION OF ONSHORE WIND
POWER PROJECT DEVELOPMENT

Source text for Eikon:  ID:nWkr3Pb7qP 
Further company coverage:  ESENSE.HE 

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