Brief: Volue Q3 Adjusted EBITDA Falls To NOK 48 Million

Volue ASA

12/11/2021 06:08

Nov 12 (Reuters) - Volue ASA  VOLUE.OL :
    * VOLUE: FINANCIAL RESULTS FOR THE THIRD QUARTER 2021
    * REVENUES OF NOK 239 MILLION IN Q3 2021 (Q3 2020: 209)
    * Q3 ADJUSTED EBITDA* WAS NOK 48 MILLION (50) WITH AN
ADJUSTED
EBITDA MARGIN OF 20 PERCENT
    * COMPANY SEES STRONG MARKET OUTLOOK, ESPECIALLY IN ENERGY
SEGMENT, AND IS ON TRACK FOR ITS 2025 AMBITIONS
    * REITERATES ITS 2025 AMBITION OF CREATING A NOK 2 BILLION
REVENUE
COMPANY WITH AN ADJUSTED EBITDA MARGIN TOWARDS 30%, SAAS
REVENUES INCREASING TO 50% AND RECURRING REVENUES TOWARDS 80%

Source text for Eikon:  ID:nObiqKbNSa 
Further company coverage:  VOLUE.OL 

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