Brief: Norske Skog Q1 EBITDA Down At NOK 112 Mln

Norske Skog ASA

23/04/2021 06:13

April 23 (Reuters) - Norske Skog ASA  NSKOG.OL :
    * NORSKE SKOG'S EBITDA IN Q1 OF 2021 WAS NOK 112 MILLION, A
DECREASE FROM NOK 146 MILLION IN Q4 OF 2020
    * MARKETS ARE STILL IMPACTED BY COVID-19 IMPOSED
RESTRICTIONS, BUT
ARE EXPECTED TO IMPROVE DURING YEAR AS A RESULT OF BOTH ALREADY
EFFECTUATED, BUT ALSO NEWLY ANNOUNCED CAPACITY CLOSURES
    * Q1 NET PROFIT IN QUARTER WAS NOK 194 MILLION COMPARED TO A
NET
LOSS OF NOK -1 363 MILLION IN PREVIOUS QUARTER
    * NET INTEREST-BEARING DEBT WAS NOK 401 MILLION AT END OF
Q1, WITH
AN EQUITY RATIO OF 43 %.
    * OPERATING EARNINGS IN Q1 OF 2021 WERE NOK 204 MILLION
COMPARED
TO OPERATING EARNINGS IN Q4 OF 2020 OF NOK -1 276 MILLION

Source text for Eikon:  ID:nObiZkdyNa 
Further company coverage:  NSKOG.OL 

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