Brief: Skano Group Net Loss For Q4 2018 At Eur 389 Thousand

Nordic Fibreboard AS

26/02/2019 13:56

Feb 26 (Reuters) - Skano Group AS  SKN1T.TL :
    * SAYS CONSOLIDATED NET SALES FOR Q4 2018 WERE EUR 3.43
MILLION,
BEING A 9% DECREASE COMPARED TO SAME PERIOD IN 2017.
    * SAYS Q4 EBITDA RESULT FOR 2018 INCLUDES ONE-OFF EXPENSES
LIKE
INCREASE OF PROVISION RESERVES BY EUR 25 THOUSAND. 2017 Q4
EBITDA INCLUDED ONE-OFF PROFIT FROM SALE OF FIXED ASSETS BY EUR
9 THOUSAND
    * SAYS NET LOSS FOR Q4 2018 WAS EUR 389 THOUSAND (Q4 2017:
LOSS OF
EUR 243 THOUSAND).
    * SAYS CONSOLIDATED NET SALES FOR 12 MONTHS 2018 WERE EUR
14.80
MILLION (2017: EUR 16.36 MILLION)
    * SAYS EBITDA OF POSITIVE EUR 87 THOUSAND FOR FULL YEAR 2018
(VERSUS POSITIVE EUR 974 THOUSAND IN 2017)
    * SAYS NET LOSS FOR FULL-YEAR 2018 WAS EUR 896 THOUSAND
(2017:
LOSS OF EUR 127 THOUSAND).

Source text for Eikon:  ID:nGNEbJGVmS 
Further company coverage:  SKN1T.TL 

 (Gdynia Newsroom)
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