Brief: Volati Q1 EBITA Stable At SEK 102 Mln

Volati AB

26/04/2022 06:55

April 26 (Reuters) - Volati AB  VOLO.ST :
    * INTERIM REPORT JANUARY-MARCH 2022
    * Q1 NET SALES INCREASED BY 33 PERCENT TO SEK 1,665 (1,254)
MILLION
    * Q1 EBITA INCREASED BY 1 PERCENT TO SEK 102 (102) MILLION
    * TORNUM'S EXPOSURE TO UKRAINE AND RUSSIA HAD A NEGATIVE
EBITA
IMPACT OF APPROXIMATELY SEK 25 MILLION
    * ENDED STRIKE AT UPM IN FINLAND HAD A NEGATIVE IMPACT OF
APPROXIMATELY SEK 10 MILLION ON ETTIKETTO'S EBITA, DUE TO
MATERIAL SHORTAGE
    * FOR TORNUM, WE EXPECT VERY MINOR EARNINGS EFFECTS FROM
EXPOSURE
TO RUSSIA AND UKRAINE FOR REMAINDER OF YEAR.

Source text for Eikon:  ID:nWkr3rx2xZ 
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