Brief: Norbit Q1 EBITDA Down At NOK 16.0 Million

Norbit ASA

06/05/2020 06:08

May 6 (Reuters) - Norbit ASA  NORBIT.OL :
    * RESULTS FOR THE FIRST QUARTER OF 2020
    * Q1 REVENUES NOK 151.6 MILLION VERSUS NOK 157.7 MILLION
YEAR AGO
    * Q1 EBITDA NOK 16.0 MILLION VERSUS NOK 50.1 MILLION YEAR
AGO
    * FOR 2020, IT IS EXPECTED THAT REVENUES AND EBITDA MARGIN
WILL
DEVIATE FROM COMPANY'S LONG-TERM TARGETS
    * BOARD OF DIRECTORS THEREFORE MAINTAINS LONG-TERM FINANCIAL
TARGETS

Source text for Eikon:  ID:nGNEc5pBRn 
Further company coverage:  NORBIT.OL 

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