2023-04-25 03:11:20 ET
- Hexagon Purus ASA press release ( OTCPK:HPURF ): Q4 operating profit before depreciation (EBITDA) of -NOK 109M.
- Revenue of NOK 372M (+43.6% Y/Y).
- Outlook: For the full-year 2023, the Company expects revenue to grow by at least 50% year-overyear based on strong backlog and order trends. Relative EBITDA margin is expected to significantly improve year-over-year, but EBITDA will continue to be impacted by ramp-up of the organization and production facilities. Negative EBITDA for full-year 2023 is expected to widen by approximately 10% compared to full-year 2022.
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Hexagon Purus ASA reports Q4 results; initiates FY23 outlook