Brief: SATS Q1 Operating Result Swings To Loss NOK 175 Million

Sats ASA

30/04/2021 06:11

April 30 (Reuters) - Sats ASA  SATSA.OL :
    * SATS Q1 2021: SHORT TERM SET-BACK - LONG TERM
OPPORTUNITIES
    * Q1 TOTAL REVENUES NOK 605 MILLION, 39% BELOW LAST YEAR,
INCLUDING GOVERNMENTAL SUPPORTING PACKAGES OF NOK 108 MILLION
    * Q1 ADJUSTED EBITDA OF NEGATIVE NOK 165 MILLION, NOK 205
MILLION
BELOW LAST YEAR
    * Q1 OPERATING LOSS NOK 175 MILLION VERSUS PROFIT NOK 23
MILLION
YEAR AGO

Source text for Eikon:  ID:nObiFlKY4a 
Further company coverage:  SATSA.OL 

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