Brief: Pihlajalinna Q1 Adjusted EBITDA Rises To EUR 15.2 Mln

Pihlajalinna Oyj

07/05/2021 06:05

May 7 (Reuters) - Pihlajalinna Oyj  PIHLIS.HE :
    * PIHLAJALINNA INTERIM REPORT 1 JANUARY-31 MARCH 2021 (3
MONTHS)
    * Q1 REVENUE AMOUNTED TO EUR 139.9 (133.0) MILLION - AN
INCREASE
OF 5.2 PER CENT
    * Q1 ADJUSTED EBITDA WAS EUR 15.2 (12.7) MILLION - AN
INCREASE OF
20.2 PER CENT
    * IT IS STILL HARD TO ASSESS AND PREDICT FINANCIAL IMPACTS
OF
DURATION OF COVID-19 SITUATION
    * PIHLAJALINNA'S CONSOLIDATED REVENUE IS EXPECTED TO
INCREASE
CLEARLY AND ADJUSTED EBIT IS EXPECTED TO IMPROVE CLEARLY
COMPARED TO 2020.
    * PIHLAJALINNA'S PROFITABILITY IMPROVED AND REVENUE
DEVELOPED
FAVOURABLY IN Q1
    * RENEWAL OF PIHLAJALINNA'S SALES STRATEGY HAS BEEN
SUCCESSFUL
    * IN LONG TERM, UNDERLYING DRIVERS OF OUR BUSINESS WILL
CONTINUE
TO GROW STRONGER

Source text for Eikon:  ID:nWkr9G7spX 
Further company coverage:  PIHLIS.HE 

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