Brief: Sýn Q3 EBITDA Down At ISK 1,593 Mln

Syn hf

04/11/2020 16:07

Nov 4 (Reuters) - Syn hf  SYN.IC :
    * REG-SÝN HF.: OPERATIONAL IMPROVEMENT AND IMPORTANT CHANGES
FOR
THE FUTURE
    * REVENUE FOR Q3 (Q3) OF 2020 AMOUNTED TO ISK 5,026 MILLION,
AN
INCREASE BY ISK 148 MILLION COMPARED TO SAME PERIOD IN 2019
    * Q3 EBITDA AMOUNTED TO ISK 1,593 MILLION, COMPARED TO ISK
1,623
MILLION IN Q3 OF 2019.
    * MANAGEMENT'S ONGOING GOAL IS TO INCREASE EBITDA MARGIN AND
OPERATING CASH FLOW IN 2020.
    * PROFIT IN Q3 OF 2020 AMOUNTED TO ISK 8 MILLION, COMPARED
TO A
LOSS OF ISK 71 MILLION IN SAME QUARTER LAST YEAR.

Source text for Eikon:  ID:nGNE9y67f7 
Further company coverage:  SYN.IC 

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