Brief: Eolus Vind Announces Arbitration Award

Eolus AB (publ)

16/10/2023 15:49

Oct 16 (Reuters) - Eolus Vind AB (publ)  EOLUb.ST :
    * AWARD - PROFIT BEFORE TAX POSITIVELY AFFECTED BY SEK 85
MILLION
IN Q3
    * ARBITRATION AWARD IN A CASE REGARDING KRÅKTORPET AND
NYLANDSBERGEN WIND PROJECTS OUTSIDE SUNDSVALL HAS BEEN ANNOUNCED
TODAY
    * AWARD IS ESTIMATED TO HAVE A POSITIVE EFFECT ON EOLUS'S
OPERATING PROFIT BY SEK 96 MILLION IN Q3
    * CASH FLOW WILL BE NEGATIVELY AFFECTED BY APPROXIMATELY SEK
28
MILLION IN Q4
    * ESTIMATED EFFECT ON PROFIT BEFORE TAX IS SEK 85 MILLION IN
Q3

Source text for Eikon:  ID:nMFN22Tx2d 
Further company coverage:  EOLUb.ST 

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