Brief: Webstep Q3 EBIT Up At NOK 2.8 Million

Webstep ASA

11/11/2020 06:06

Nov 11 (Reuters) - Webstep ASA  WSTEP.OL :
    * : THIRD QUARTER RESULTS 2020
    * Q3  REVENUE NOK 146.2 MILLION VERSUS NOK 137.2 MILLION
YEAR AGO
    * Q3 EBIT INCREASED TO NOK 2.8 MILLION (NOK 1.5 MILLION)
    * REVENUE GROWTH OF 6.5 PER CENT WAS DRIVEN BY INCREASED
HEADCOUNT
AND HIGHER HOURLY RATES, BUT GROWTH HAS BEEN PARTLY OFFSET BY
LOWER UTILIZATION AND LESS USE OF SUBCONTRACTORS
    * ON 13 OCTOBER 2020, BOARD OF DIRECTORS RESOLVED TO
DISTRIBUTE AN
ORDINARY DIVIDEND OF NOK 1.60 PER SHARE BASED ON GROUP'S NET
PROFIT FOR 2019 FINANCIAL YEAR

Source text for Eikon:  ID:nObicbKpda 
Further company coverage:  WSTEP.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587785110;))