Axactor ASA: Fourth quarter financial results and financial targets
(Oslo, 15 February 2024) Axactor ASA (Axactor, OSE: ACR) announce fourth quarter financial results and financial targets for 2026. FINANCIALSKey figures Q4 and full year 2023 for continuing operations (change from Q4 and full year 2022 in brackets)* Gross revenue- Q4: EUR 85m (down 4%)- FY2023: EUR 344m (up 2%) Total income- Q4: EUR 65m (up 3%)- FY2023: EUR 257m (up 7%) EBITDA- Q4: EUR 34m (up 10%)- FY2023: EUR 132m (up 11%) Cash EBITDA- Q4: EUR 55m (down 4%)- FY2023: EUR 221m (up 1%) Annualized return on equity- Q4: 9% (down 1pp)- FY2023: 8% (down