Brief: Tekna Q4 Adjusted EBITDA Loss Narrows To CAD 2.9 Million

Tekna Holding ASA

09/02/2023 06:13

Feb 9 (Reuters) - Tekna Holding ASA  TEKNA.OL :
    * Q4 TOTAL REVENUE IN QUARTER WAS CAD 6.8 MILLION, AN
INCREASE OF
14 PER CENT COMPARED TO Q4 IN 2021
    * SALES GROWTH IN QUARTER WAS MAINLY DRIVEN BY A 50% GROWTH
IN
SYSTEMS REVENUES ON BACK OF LARGE ORDERS
    * ADJUSTED EBITDA IN Q4 OF 2022 WAS CAD -2.9 MILLION,
IMPROVED
YEAR-ON-YEAR RESULTING FROM AN INCREASE IN SYSTEMS REVENUES AND
MARGINS
    * AT END OF Q4 ORDER BACKLOG IN MATERIALS WAS CAD 14.1
MILLION
    * OPERATING REVENUES ARE EXPECTED TO INCREASE DURING 2023,
SUPPORTED BY STRONG ORDER BACKLOG

Source text for Eikon:  ID:nObiwc6KYa 
Further company coverage:  TEKNA.OL 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))