Brief: MOBA Network Q3 EBIT Down At SEK 5.8 Mln

MOBA Network AB

16/11/2022 06:56

Nov 16 (Reuters) - MOBA Network AB  MOBA.ST :
    * CONTINUED GROWTH AND STABLE PROFIT DURING Q3 IN M.O.B.A.
NETWORK, DESPITE THE PREVAILING GLOBAL CONDITIONS
    * Q3 NET SALES AMOUNTED TO MSEK 71.3 (MSEK 70.8), AN
INCREASE OF
1%.
    * Q3 EBITDA AMOUNTED TO MSEK 7.2 (MSEK 8.9), A DECREASE OF
18%.
    * Q3 EBIT AMOUNTED TO MSEK 5.8 (MSEK 8.2), A DECREASE OF 29%
    * Q3 PROFIT BEFORE TAX AMOUNTED TO MSEK 5.5 (MSEK 8.3), A
DECREASE
OF 34%
    * DURING Q3, PREVAILING MACROECONOMIC CONDITIONS ALSO BECAME
FELT
FOR M.O.B.A. NETWORK, WHICH AFFECTED US THROUGH INCREASED COSTS
    * WE ARE FULLY BOOKED IN Q4 AND HAVE ACTED TO MITIGATE LATE
CANCELLATIONS IN FUTURE

Source text for Eikon:  ID:nWkrcgWFNH 
Further company coverage:  MOBA.ST 
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