Brief: Probi Q2 EBITDA Margin Down At 25%

Probi AB

16/07/2021 07:14

July 16 (Reuters) - Probi AB  PROB.ST :
    * Q2 2021: PROBI ENTERS NEW STRATEGIC PARTNERSHIPS
    * NET SALES DECREASED BY 12% (-3% ADJUSTED FOR CURRENCY
CHANGES)
TO SEK 158 M (180) IN Q2
    * EBITDA MARGIN WAS 25% (32%) IN Q2
    * WE ARE FULLY FOCUSED ON ACHIEVING OUR LONG-TERM FINANCIAL
TARGETS AND WILL INTENSIFY OUR WORK WITH CUSTOMERS DURING SECOND
HALF OF YEAR AS OUR SALES TEAMS ARE EXPECTED TO BE ABLE TO START
TRAVELING AGAIN
    * MANY OF IMPORTANT AGREEMENTS AND STRATEGIC COLLABORATIONS
WE
HAVE HAD IN PLACE DURING FIRST HALF OF YEAR WILL NOT SEE VISIBLE
RESULTS UNTIL 2022

Source text for Eikon:  ID:nWkr7F3MF8 
Further company coverage:  PROB.ST 

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