Brief: Incoax Networks AB Postpones Turnover Target To Reach More Than SEK 300 Million From 2020 To 2021
05/02/2020 19:14
Feb 5 (Reuters) - InCoax Networks AB INCOAX.ST :
* UPDATES FINANCIAL TARGETS
* POSTPONES TURNOVER TARGET TO REACH MORE THAN SEK 300
MILLION
FROM 2020 TO 2021
* COMPANY CHANGES EBIT MARGIN TARGET TO 10 PERCENT IN 2021
AND
OVER 20 PERCENT IN 2022 AND ONWARDS
* SEES FY 2020 TURNOVER TARGET ABOUT SEK 50 MILLION
Source text for Eikon: ID:nWkr4ylzvQ
Further company coverage: INCOAX.ST
((Reuters.Briefs@thomsonreuters.com;))
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