Brief: Relais Q3 Net Sales Rise To EUR 58.6 Million

Relais Oyj

04/11/2021 07:10

Nov 4 (Reuters) - Relais Group Oyj  RELAIS.HE :
    * Q3 NET SALES TOTALED EUR 58.6 MILLION (JULY - SEPTEMBER
2020:
32.8), +78.6% CHANGE
    * Q3 EBITDA WAS EUR 8.7 (5.6) MILLION, 14.8% (16.9%) OF NET
SALES,
+56.4% CHANGE
    * DOES NOT PROVIDE A NUMERIC GUIDANCE FOR FINANCIAL YEAR
2021.
    * ACCORDING TO NEW LONG-TERM TARGET PUBLISHED ON 17 MAY
2021,
COMPANY AIMS TO REACH PRO FORMA NET SALES OF 500 MEUR BY END OF
YEAR 2026.
    * IS WELL PREPARED TO CONTINUE SUCCESSFUL IMPLEMENTATION OF
ITS
STRATEGY ALSO DURING LAST QUARTER OF YEAR 2021
    * STILL ONGOING DISRUPTIONS IN GLOBAL LOGISTICS AND SUPPLY
CHAINS,
INCREASE OF MATERIAL AND DELIVERY COSTS AND POSSIBLE SUPPLY
DELAYS CAUSED BY GLOBAL LACK OF SEMICONDUCTORS MAKE IT HOWEVER
DIFFICULT TO FORECAST BUSINESS PERFORMANCE DURING REST OF YEAR.

Source text for Eikon:  ID:nWkr81lB8W 
Further company coverage:  RELAIS.HE 

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