HIGHLIGHTS:
- Weak market conditions continue across portfolio, but with more stable revenues in the quarter
- Net debt at NOK 5 427 million, working capital stable at NOK 2 030 million, liquidity reserve at NOK 2.2 billion
- Reported EBITDA of NOK -45 million, with adjusted EBITDA of NOK 169 million
- Cost and capacity reductions continue, as well as long-term efforts to strategically develop portfolio companies
- MHWirth reaches agreement with AFGlobal for sale of Managed Pressure Operations
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Akastor ASA via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Akastor ASA via Globenewswire
HUG#2028545