Brief: Hoegh Autoliners Q1 Adjusted EBITDA Up At $171 Mln

Hoegh Autoliners ASA

04/05/2023 06:55

May 4 (Reuters) - Hoegh Autoliners ASA  HAUTO.OL :
    * BASED ON CURRENT EARNINGS ESTIMATES WE EXPECT Q2 2023 TO BE ANOTHER STRONG QUARTER.
    * STRONG OPERATIONAL RESULTS OVER LAST FEW QUARTERS HAVE ENABLED COMPANY TO BUILD UP CASH
POSITION
AND REDUCE FINANCIAL LEVERAGE
    * Q1 REVENUE USD 354 MILLION VERSUS USD 266 MILLION YEAR AGO
    * Q1 ADJUSTED EBITDA USD 171 MILLION VERSUS USD 78 MILLION YEAR AGO

Source text for Eikon:  ID:nObiz8bDZa 
Further company coverage:  HAUTO.OL 

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