Brief: Nixu Lowers Its Financial Guidance For 2021

Nixu Oyj

23/06/2021 07:06

June 23 (Reuters) - Nixu Oyj  NIXU.HE :
    * NIXU LOWERS ITS FINANCIAL GUIDANCE FOR 2021
    * IN Q1 2021, NIXU ESTABLISHED A NEW INTERNATIONAL OPERATING
MODEL
AND REVISED ITS ORGANIZATIONAL STRUCTURE.
    * NIXU ESTIMATES ITS REVENUE TO REMAIN ON SAME LEVEL AND ITS
EBITDA TO DECREASE FROM 2020.
    * SIMULTANEOUSLY INVESTMENTS TO GROWTH ARE INCREASED.
    * DURING H1 2021, CHANGE, TOGETHER WITH FEWER THAN ESTIMATED
STAFF, SOMEWHAT SLOWED DOWN DAILY OPERATIONS
    * IN LONGER TERM NEW MODEL IS EXPECTED TO INCREASE
EFFICIENCY.
    * EBITDA WAS BURDENED BY ONE TIME COST OF DUTCH COVID-19
NOW-BENEFIT RELATED SUBSIDIES

Source text for Eikon:  ID:nWkrc8b0qv 
Further company coverage:  NIXU.HE 

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