Fiven ASA first quarter report 2020
Financial highlights · Fiven delivered first quarter 2020 results with limited impact from Covid-19 · Total revenues reported at EUR 32.2m, up by 0.2% versus first quarter 2019. · The adjusted EBITDA was EUR 3.8 m, up by 2.5% versus first quarter 2019. · Fiven’s liquidity has been strengthened through the quarter, cash balance at EUR 23.9m, up by EUR 9.1m since year end 2019. Business highlights · Fiven ASA is since 31 March listed at the NASDAQ Stockholm for bond trading. · The IT Carve Out Project from Saint Gobain (former owner of Fiven) was completed by 31