Brief: Strax Nine Month EBITDA Down At EUR 2.7 Mln

Strax AB

25/11/2021 08:42

Nov 25 (Reuters) - Strax AB  STRAX.ST :
    * INTERIM REPORT NO. 3 FOR FINANCIAL YEAR 2021
    * SALES FOR PERIOD JANUARY 1 - SEPTEMBER 30, 2021, AMOUNTED
TO
MEUR 81.8 (76.7) WITH A GROSS MARGIN OF 16.2 (25.5) PERCENT
    * JAN-SEPT EBITDA AMOUNTED TO MEUR 2.7 (4.9)
    * WE CONTINUE TO BE AFFECTED BY COVID-19 PANDEMIC AND
CONSEQUENTIAL INDUSTRY DYNAMICS ON BOTH SUPPLY AND DEMAND SIDES,
NEGATIVELY IMPACTING OUR CONTRIBUTION PROFIT MARGIN
    * HAVE NOT EXPERIENCED MARGIN EROSION ON PRODUCT LEVEL, AND
WE
EXPECT THAT THESE CHALLENGING MACRO FACTORS WILL START TO
NORMALIZE IN 2022

Source text for Eikon:  ID:nMFN35nfmQ 
Further company coverage:  STRAX.ST 

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