Brief: Pierce Group Q3 Oper Result Turns To Loss Of SEK 15 Mln

Pierce AB (publ)

11/11/2022 07:19

Nov 11 (Reuters) - Pierce Group AB (publ)  PIERCE.ST :
    * Q3 NET REVENUE INCREASED BY 3%, TOTALING SEK 373 (361)
MILLION
    * Q3 EBITDA TOTALED SEK -2 (14) MILLION. ADJUSTED EBITDA WAS
SEK 4
(15) MILLION, EQUIVALENT TO A MARGIN OF 1.1% (4.1%)
    * Q3 OPERATING PROFIT (EBIT) WAS SEK -15 (2) MILLION
    * Q3 ADJUSTED OPERATING PROFIT (EBIT) WAS SEK -9 (3) MILLION
AND
ADJUSTED OPERATING MARGIN WAS -2.4% (0.7%)

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