Brief: Note's Q3 Profits Are Affected By Potential Bad Debt

Note AB (publ)

12/10/2022 14:02

Oct 12 (Reuters) - Note AB (publ)  NOTE.ST :
    * POTENTIAL BAD DEBT AFFECTS NOTE'S PROFITS IN THE THIRD
QUARTER
    * TAKES A COST FOR A POTENTIAL BAD DEBT OF SEK 30 MILLION
FOR
ENTIRE RISK EXPOSURE THAT NOTE HAS TOWARDS COMPANY
    * EXPECTS CONTINUED HIGH GROWTH FOR SECOND HALF OF YEAR
    * ONE OF NOTE'S CUSTOMERS IN UK, ACTIVE IN ELECTRIC VEHICLES
CHARGING, HAS APPLIED FOR ADMINISTRATION

Source text for Eikon:  ID:nWkr7jZwtY 
Further company coverage:  NOTE.ST 
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