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AERO Svenska Aerogel Holding AB (publ) News Story

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Brief: Svenska Aerogel Expected To Reach EBITDA Break-Even At Production Level Of About 160 Tons

March 11 (Reuters) - Svenska Aerogel Holding AB (publ) AEROG.ST:

SALES UPDATE FROM SVENSKA AEROGEL: SIGNIFICANT POTENTIAL IN THE EXISTING CUSTOMER PORTFOLIO

IS EXPECTED TO REACH EBITDA BREAK-EVEN AT A PRODUCTION LEVEL OF APPROXIMATELY 160 TONS

PROFITABILITY IS EXPECTED TO IMPROVE THEREAFTER AS PRODUCTION VOLUMES CONTINUE TO INCREASE

POTENTIAL DEMAND OF 450 TONS/YEAR CORRESPONDS TO EBITDA OVER SEK 50 MILLION

PRODUCTION ABOVE 600 TONS/YEAR TO REQUIRE INVESTMENTS FOR 1200 TONS/YEAR CAPACITY

Source text: ID:nWkr24pSsN

Further company coverage: AEROG.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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