ITAB publishes EBITDA guidance for the financial year 2020 and its mid-term profitability ambition and announces the intention to carry out a capital raise to strengthen ITAB’s financial position
As a result of the evolving situation with Covid-19 and the consequent impact on our customers, ITAB has decided to provide preliminary EBITDA guidance for the financial year ending 31 December 2020, which is subject to change given the evolving situation with Covid-19.ITAB currently expects EBITDA for the financial year ending 31 December 2020 to be in the range of 380 to 420 MSEK before non-recurring costs which amount to approximately 100 MSEK, primarily relating to operational restructuring costs. The total restructuring costs for the One ITAB transformation plan are estimated to be in