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FIVEN ASA Fiven ASA annual report 2021

Transparency directive : regulatory news

25/03/2022 20:05

DGAP-News: Fiven ASA / Key word(s): Annual Report
Fiven ASA annual report 2021

25.03.2022 / 20:05
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Oslo, 25th March 2022 at 17:00 CET

Fiven ASA annual report 2021

  • Fiven total consolidated revenues and other income for the 12-month period reached 127.4 MEUR
  • Adjusted EBITDA was 24.4 MEUR with a corresponding margin of 19.2 per cent.
  • Net income of the year was 2.9 MEUR.

In 2021, the global economic recovery has advanced more strongly than anticipated a year ago. Meanwhile, the surge in demand for goods has caused high energy and raw material prices, and bottlenecks in production chains.

As market conditions have started to change rapidly since Q2 2021, Fiven strived to serve its customers in a fast, challenging, and increasingly competitive market and achieved solid organic growth of 28% in gross sales YoY.

The full annual report 2021 can be downloaded from https://www.fiven.com/company-information/investor-relations/reports/

http://www.rns-pdf.londonstockexchange.com/rns/1430G_1-2022-3-25.pdf

For further information, please contact:

Stein Erik Ommundsen, Group CFO and General Manager
+47 975 10 481, Stein.E.Ommundsen@Fiven.com

Stefan Mokros, IR Manager
+49 221 6507 6097, stefan.mokros@fiven.com

This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:00 CET on 25 March 2022.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.



25.03.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


1312617  25.03.2022 

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