Raketech announces preliminary revenue, EBITDA and operating profit for the fourth quarter
In the fourth quarter 2019, total revenues for Raketech are expected to amount to EUR 5.8 million. Reported EBITDA is estimated to EUR 1.6 million, which is below expectations. The reported EBITDA is affected by extraordinary cost items amounting to EUR 0.4m and loss allowance for trade receivables amounting to 0.3 million during the quarter. Furthermore operating profit during the fourth quarter is affected by extraordinary items which relate to revaluation of Goodwill of EUR 0.3m, without any cash effect, as a consequence of the continued PPC-ban in Sweden.The extraordinary items