Brief: Fractal Gaming Group Q3 Adjusted EBITDA Swings To Loss SEK 2.7 Mln

Fractal Gaming AB

19/11/2021 07:24

Nov 19 (Reuters) - Fractal Gaming Group AB  FRACTL.ST :
    * Q3 NET SALES AMOUNTED TO SEK 85.1 MILLION (182.8)
    * Q3 ADJUSTED EBITDA AMOUNTED TO SEK -2.7 MILLION (41.1),
CORRESPONDING TO AN ADJUSTED EBITDA MARGIN OF -3.2% (22.5)
    * LOWER NET SALES WAS DUE, IN ADDITION TO TOUGH COMPARATIVE
FIGURES WITH AN ORGANIC GROWTH OF 83% DURING Q3 OF 2020, TO
SHORTAGE OF GRAPHICS CARDS WHICH CONTINUES TO DAMPEN DEMAND IN
ENTIRE MARKET FOR GAMING COMPUTER PRODUCTS.

Source text for Eikon:  ID:nWkr7M70QX 
Further company coverage:  FRACTL.ST 

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