Brief: Carbon Transition Q2 EBITDA Swings To Loss $2.5 MLn

Fjord Defence ASA

25/08/2021 06:05

Aug 25 (Reuters) - Carbon Transition ASA  CARBN.OL :
    * CARBON TRANSITION ANNOUNCES Q2 2021 RESULTS
    * Q2 REVENUE $0.4 MILLION VERSUS $12.6 MILLION YEAR AGO
    * Q2 EBITDA LOSS $2.5 MILLION VERSUS PROFIT $2.3 MILLION
YEAR AGO
    * THE SEISMIC CONTRACT MARKET REMAINS CHALLENGING, AND WE
SEE
LIMITED REMAINING OBN CONTRACT OPPORTUNITIES FOR THE REMAINDER
OF THIS YEAR.
    * WE DO SEE AN INCREASED DEMAND FOR SEISMIC PROJECTS TO BE
UNDERTAKEN IN 2022.

Source text for Eikon:  ID:nObiNDrHta 
Further company coverage:  CARBN.OL 

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