Axactor ASA: First quarter financial results
(Oslo, 9 May 2023) Axactor ASA (Axactor, OSE: ACR) announce first quarter financial results. Key figures Q1 2023 for continuing operations (change from Q1 2022 in brackets)*- Gross revenue of EUR 83m (up 5%)- Total income of EUR 62m (up 8%)- EBITDA of EUR 30m (up 10%)- Cash EBITDA of EUR 51m (up 4%)- Return on equity 8% (stable)- NPL investments of EUR 33m (down 59%) "Axactor has had a good start to 2023. We have refinanced our EUR 545m revolving credit facility at satisfying terms, and deliver solid financial results despite macroeconomic headwinds. Furthermore, we