Brief: Ferroamp Q4 EBITDA Loss Widens To SEK 27.4 Mln

Ferroamp AB (publ)

17/02/2023 09:02

Feb 17 (Reuters) - Ferroamp AB  FERRO.ST :
    * ANNOUNCED ON THURSDAY Q4 NET SALES SEK 63.2 MLN VS SEK
22.2 MLN
YR AGO
    * Q4 EBITDA LOSS SEK 27.4 MLN VS LOSS SEK 10.7 MLN YR AGO
    * OUTLOOK: FOCUS FOR 2023 IS ON PROFITABILITY, IN ADDITION
TO
INCREASING VOLUME, WE ARE WORKING ON COST EFFICIENCIES, WILL
IMPLEMENT PREVIOUSLY ANNOUNCED PRICE ADJUSTMENTS
    * IN EARLY JANUARY REPORTS THAT HAS SIGNED ORDERS FOR 2023
FROM
MAJOR WHOLESALERS, INSTALLERS WHO SELL CO'S PRODUCTS FOR RECORD
SEK 350 MLN

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nBQN6wwPXM
 Further company coverage:  FERRO.ST  
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))