· In a challenging market environment following the Covid pandemic,
· Total revenues reported at
· The adjusted EBITDA was
· The adjusted EBITDA margin increased as a result of better sales mix, favorable situation on forex and solid cost discipline.
· At the end of the third quarter of 2020, the
·
· The second wave of the Covid-19 still causes major uncertainty in the short run with continued low visibility in the market. Recent months' order intake is improving, but the market recovery is slow.
Outlook
The end markets are expected to recover slowly, but the pace is subject to the impact of the COVID-19 situation on the economy, especially in
The full third quarter report 2020 can be downloaded from https://www.fiven.com/company-information/investor-relations/reports/
This information is information that
For further information, please contact:
+47 975 10 481, Stein.E.Ommundsen@Fiven.com
+49 221 6507 6097, stefan.mokros@fiven.com
https://news.cision.com/fiven-asa/r/fiven-asa-third-quarter-report-2020---solid-financial-performance,c3244741
https://mb.cision.com/Main/19065/3244741/1340762.pdf
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