Brief: Orron Energy Q1 EBITDA At EUR 4.6 Million

Orron Energy AB

16/05/2023 06:47

May 16 (Reuters) - Orron Energy AB  ORRON.ST :
    * REPORT FOR THE THREE MONTHS ENDED 31 MARCH 2023
    * Q1 REVENUE EUR 11.4 MILLION
    * Q1 EBITDA EUR 4.6 MILLION
    * Q1 EBIT EUR 1.6 MILLION
    * ON COST FRONT WE DELIVERED IN LINE WITH OUR EXPENDITURE
GUIDANCE
    * GUIDANCE: 2023 GUIDANCE FOR OPERATING EXPENSES IS BETWEEN
MEUR
12-14, WHERE PORTION OF OPERATING EXPENSES WILL VARY BASED ON
ELECTRICITY PRICES
    * ESTIMATED POWER GENERATION OF 800 GWH IN 2023
    * GUIDANCE 2023: G&A EXPENSE GUIDANCE IS MEUR 10
    * GUIDANCE 2023: CAPITAL EXPENDITURE GUIDANCE IS MEUR 80
    * GUIDANCE 2023: GUIDANCE FOR LEGAL COSTS IN RELATION TO
DEFENCE
OF COMPANY AND ITS FORMER REPRESENTATIVES IN SUDAN LEGAL CASE IS
MEUR 8

Source text for Eikon:  ID:nGNE1M0Gmq 
Further company coverage:  ORRON.ST 

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