Brief: Norbit Q3 EBITDA Up At NOK 38.5 Million

Norbit ASA

29/10/2019 06:03

Oct 29 (Reuters) - Norbit ASA  NORBIT.OL :
    * REG-NORBIT ASA – CONTINUED PROFITABLE GROWTH FOR THE THIRD
QUARTER OF 2019
    * Q3 EBITDA WAS NOK 38.5 MILLION FOR QUARTER, UP FROM NOK
20.3
MILLION FOR SAME QUARTER LAST YEAR
    * FINANCIAL TARGETS IS A 3-YEAR REVENUE CAGR OF MORE THAN 25
PER
CENT STARTING FROM 2017
    * FINANCIAL TARGETS IS LONG-TERM AMBITION OF AN EBITDA
MARGIN OF
MORE THAN 20 PER CENT
    * MAINTAINS ITS PREVIOUSLY COMMUNICATED EXPECTATIONS FOR ALL
SEGMENTS FOR SECOND HALF OF 2019.

Source text for Eikon:  ID:nGNE9D1FJx 
Further company coverage:  NORBIT.OL 

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