Brief: Nixu Q1 EBITDA Swings To Profit Of EUR 0.4 Million

Nixu Oyj

15/04/2021 06:33

April 15 (Reuters) - Nixu Oyj  NIXU.HE :
    * NIXU CORPORATION: CEO'S REVIEW FOR Q1 2021
    * Q1 REVENUE EUR 13.1 MILLION VERSUS EUR 14.0 MILLION YEAR
AGO
    * Q1 EBITDA PROFIT EUR 0.4 MILLION VERSUS LOSS EUR 0.4
MILLION
YEAR AGO
    * ESTIMATES ITS REVENUE TO GROW ORGANICALLY AND ITS EBITDA
TO
INCREASE FROM 2020
    * OUTLOOK 2021: SIMULTANEOUSLY INVESTMENTS TO GROWTH ARE
INCREASED
    * FOLLOWING COST SAVING MEASURES IN 2020, WE STARTED Q1 FROM
A
MUCH MORE DEFENSIVE POSITION AND WITH FEWER EMPLOYEES
    * THIS HAD A LARGE IMPACT ON OUR REVENUE EVEN WITH POSITIVE
SALES
ATMOSPHERE

Source text for Eikon:  ID:nWkr9x6vbP 
Further company coverage:  NIXU.HE 

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