Brief: Sivers Semiconductors For 2023 Sees Net Sales Growth To Exceed 100% Over 2022

Sivers Semiconductors AB

17/08/2023 07:22

Aug 17 (Reuters) - Sivers Semiconductors AB  SIVEH.ST :
    * FOR 2023 SIVERS EXPECTS NET SALES GROWTH TO EXCEED 100%
OVER
2022
    * EXPECTS TO REACH POSITIVE ADJUSTED EBITDA IN SECOND HALF
OF
2023.
    * PREVIOUSLY ANNOUNCED CUSTOMER CONTRACTS ARE EXPECTED TO
DRIVE
SIGNIFICANT NET SALES GROWTH FOR SIVERS IN 2023
    * CONTINUOUS OPTIMIZATION OF COSTS AND INVESTMENTS, TOGETHER
WITH
NET SALES GROWTH, ARE EXPECTED TO ACCELERATE SIVERS' PATH TO
PROFITABILITY.
    * WE ARE BENEFITING FROM SEVERAL MEGATRENDS WHERE WE HAVE
RECENTLY
SECURED LARGE ORDERS IN ALL AREAS
    * WE NOW HAVE A NICE, BROAD CUSTOMER PORTFOLIO THAT WILL
CONTINUE
TO GROW

Source text for Eikon:  ID:nWkr9D7zsV 
Further company coverage:  SIVEH.ST 

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