Brief: Note Continues To See Strong Demand, Sees 2023 Turnover Of At Least SEK 4 Bln

Note AB (publ)

14/12/2022 07:10

Dec 14 (Reuters) - Note AB (publ)  NOTE.ST :
    * NOTE CONTINUES TO SEE STRONG DEMAND
    * CONFIRMS ITS PREVIOUS GUIDANCE OF REACHING SEK 1 BILLION
IN
REVENUE FOR A SINGLE QUARTER FOR FIRST TIME IN CURRENT QUARTER,
Q4 2022
    * OPERATIVE OPERATING PROFIT, EXCLUDING CURRENCY TRANSLATION
EFFECTS (AS OF END OF NOVEMBER SEK +6 M IN PROFIT EFFECT) IS
EXPECTED TO AMOUNT TO AT LEAST SEK 100 M
    * ETURNOVER FOR 2023 IS EXPECTED TO AMOUNT TO AT LEAST SEK 4
BILLION
    * EXPECTS THAT PROFITABILITY IN BOTH ACTUAL NUMBERS AS WELL
AS IN
PERCENTAGE WILL CONTINUE TO STRENGTHEN DURING 2023
    * HAS A FINANCIAL TARGET OF REACHING A TURNOVER OF SEK 5
BILLION
BY 2025 AT LATEST, AND COMPANY IS WELL POSITIONED TO REACH THIS
TARGET

Source text for Eikon:  ID:nWkr7Bbc1 
Further company coverage:  NOTE.ST 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))