Brief: Nordic Unmanned Says Q1 Revenue Rose 54% To Euro 2.5 Million

Nordic Unmanned ASA

20/05/2022 05:33

May 20 (Reuters) - Nordic Unmanned AS  NUMND.OL :
    * NORDIC UNMANNED REPORTS GROWTH AND REPEATS STRONG OUTLOOK
    * REVENUES IN Q1 AMOUNTED TO EUR 2.5 MILLION, AN INCREASE OF
54
PERCENT FROM Q1 OF LAST YEAR
    * FOR 2022, NORDIC UNMANNED EXPECTS REVENUES TO BE ABOUT EUR
30M,
THREE TIMES 2021 LEVEL
    * QTRLY EBITDA WAS NEGATIVE EUR 1.9 MILLION, COMPARED TO
NEGATIVE
EUR 0.7 MILLION IN Q1 OF LAST YEAR
    * SEES FY22 EBITDA MARGIN IN RANGE OF 10 TO 20 PERCENT
    * AT END OF Q1, TOTAL CONTRACT BACKLOG WAS EUR 59 MILLION,
ROUGHLY
DOUBLE YEAR-AGO LEVEL

Source text for Eikon:  ID:nObix123Ra 
Further company coverage:  NUMND.OL 

 ((Reuters.Briefs@thomsonreuters.com;))