Brief: Sats Q3 EBITDA At NOK 344 Million

Sats ASA

05/11/2020 06:10

Nov 5 (Reuters) - Sats ASA  SATSA.OL :
    * SATS' FINANCIAL PERFORMANCE IS RETURNING TO NORMAL, AND
THE
MEMBERS'
    * Q3 EBITDA NOK 344  MILLION VERSUS NOK 348 MILLION YEAR AGO
    * Q3 TOTAL REVENUE NOK  955 MILLION VERSUS NOK 938 MILLION
YEAR
AGO
    * EXPECTS THE NEGATIVE EFFECTS WILL PREVAIL SOME TIME AFTER
REOPENING OF ALL CLUBS
    * IS CONFIDENT THAT THE LONG-TERM OUTLOOK IS STILL DOMINATED
BY
SOCIETY’S INCREASED FOCUS ON HEALTH AND WELL-BEING AND ROBUST
GLOBAL TRENDS
    * BELIEVES THE MARKET DYNAMICS POST COVID-19 WILL BE SUITED
TO THE
COMPANY’S BUSINESS MODEL
    * HAS PLANS FOR FURTHER EXPANSION IN THE NORDICS AND
CONTINUED
INVESTMENT IN THE PRODUCT OFFERING

Source text for Eikon:  ID:nObij0b1ba 
Further company coverage:  SATSA.OL 

 (Gdansk Newsroom)
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