Brief: Rovsing Q1 EBITDA Swings To Profit Of DKK 0.4 Mln

Rovsing A/S

16/11/2020 11:28

Nov 16 (Reuters) - Rovsing A/S  ROVS.CO :
    * IN Q1 OF FINANCIAL YEAR 2020/21, REVENUE AMOUNTED TO DKK
5.8
MILLION (2019/20: DKK 4.6 MILLION)
    * Q1 EBITDA OF DKK 0.4 MILLION (2019/20: DKK -0.7 MILLION)
    * CURRENT ORDER INTAKE IS STRONG AND COVERS OUTLOOK FOR
CURRENT
FINANCIAL YEAR.
    * COVID-19 HAS HAD A RELATIVELY SMALL IMPACT FOR CO DUE TO
SPACE
INDUSTRY'S FOCUS ON CONTINUED PROGRESS ON ALREADY PLANNED
SATELLITE MISSIONS
    * GUIDED OUTLOOK FOR FINANCIAL YEAR 2020/21 IS MAINTAINED
WITH A
REVENUE IN A RANGE OF DKK 26 TO 28 MILLION AND AN EBITDA IN
RANGE OF DKK 2 TO 3 MILLION
    * BOARD OF DIRECTORS ARE INVESTIGATING OPTIONS FOR A NEW
BOND LOAN
OR A POTENTIAL SHARE EMISSION

Source text for Eikon:  ID:nGNEkRqs1 
Further company coverage:  ROVS.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))