Q1-2017 report Axactor AB
Enclosed is the consolidated Q1-2017 Financial Report for Axactor
AB.
Axactor AB had a revenue of EUR 19.7 million for first quarter 2017. This represents a 615% growth compared to same quarter last year.
EBITDA is positive for the first time with EUR 1.0 million and cash EBITDA is positive with EUR 3.9 million.
ERC at the end of the quarter was EUR 427 million which represents a growth compared to Q4-2016 of 36%.
For additional information, please contact:
Geir Johansen, CFO & Investor Relations, Axactor
Mobile phone: +4747710451
Email: geir.johansen@axactor.com
www.axactor.com