Estimated revenue and EBITDA for 2017
ADDvise Group AB’s revenues for the fourth quarter are estimated to SEK 62.3M (53.2). EBITDA adjusted for non-recurring incomes and costs amounted to SEK 4.5M (3.4). EBITDA amounted to SEK 2.8M (4.8). Revenues during the fourth quarter have been lower than expected. This is partly due to a decline in order intake in the segment Lab’s project activities and partly due to a delivery delay caused by the closure of a production unit. In return, the order intake of the first quarter of 2018 has been strong, Rikard Akhtarzand, CEO of ADDvise Group, comments in regard to the preliminary outcome.