Brief: Sinch Q3 Ebitda Up At SEK 848 Mln

Sinch AB (publ)

07/11/2023 06:38

Nov 7 (Reuters) - Sinch AB (publ)  SINCH.ST :
    * Q3 GROSS PROFIT INCREASED BY 3 PERCENT TO SEK 2,433M
(2,361)
    * Q3 NET SALES INCREASED BY 1 PERCENT TO SEK 7,265M (7,196)
    * Q3 EBITDA ROSE BY 5 PERCENT TO SEK 848M (808)
    * Q3 ADJUSTED EBITDA(1) INCREASED BY 5 PERCENT TO SEK 943M
(901)
    * Q3 PROFIT AFTER TAX FOR QUARTER WAS SEK 46M (-4,765)
    * Q3 BASIC EARNINGS PER SHARE WERE SEK 0.05 (-5.69)
    * OUTLOOK: THE  CHANGED MACROECONOMIC OUTLOOKS HAVE
INCREASED THE
RISK  THAT SINCH WILL BE IMPACTED BY LOWER DEMAND, CHANGES IN 
THE COMPETITIVE LANDSCAPE AND INCREASED COSTS

Source text for Eikon:  ID:nWkr21YdSh 
Further company coverage:  SINCH.ST 

 (Gdansk Newsroom)
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