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FIVEN ASA Fiven AS: Amendment to Q1 2021 bond reporting released on 2021-05-25

Transparency directive : regulatory news

27/05/2021 21:05

DGAP-News: Fiven ASA / Key word(s): Quarter Results
Fiven AS: Amendment to Q1 2021 bond reporting released on 2021-05-25

27.05.2021 / 21:05
The issuer is solely responsible for the content of this announcement.


Press Release

Oslo, 27. May 2021 at 19:00 CET


Fiven AS: Amendment to Q1 2021 bond reporting released on 2021-05-25

The first quarterly report for 2021 by Fiven AS, released on 25 May 2021, has been amended to reflect a misprint of the Alternative Performance Measure Adj. EBITDA (page 22).

The table illustrating adjustments to EBITDA incorrectly listed other non-recurring items of EUR -584 thousand and IFRS 16 effects of EUR 333 thousand. The correct amounts for other non-recurring items and IFRS 16 are EUR 83 thousand and EUR -333 thousand, respectively. The report has been amended to reflect the misprint and an updated version of the table is provided below.

For the avoidance of doubt, other items included in the table and the report, including inter alia operating profit and adjusted EBITDA remains as per the original report. As an effect of the amendment, Adj. LTM Q1 2021 EBITDA (incl IFRS 16 effects) is increased from EUR 17.4m to EUR 18.1m (of which EUR 1.3m relating to IFRS 16 effects).

This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 19:00 CET on 27.05.2021.

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 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.



27.05.2021 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.
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1201742  27.05.2021 

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