Fiven ASA annual report 2021

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  • Fiven total consolidated revenues and other income for the 12-month period reached 127.4 MEUR
  • Adjusted EBITDA was 24.4 MEUR with a corresponding margin of 19.2 per cent.
  • Net income of the year was 2.9 MEUR.

In 2021, the global economic recovery has advanced more strongly than anticipated a year ago. Meanwhile, the surge in demand for goods has caused high energy and raw material prices, and bottlenecks in production chains.

As market conditions have started to change rapidly since Q2 2021, Fiven strived to serve its customers in a fast, challenging, and increasingly competitive market and achieved solid organic growth of 28% in gross sales YoY.

The full annual report 2021 can be downloaded from https://www.fiven.com/company-information/investor-relations/reports/

For further information, please contact:

Stein Erik Ommundsen, Group CFO and General Manager
+47 975 10 481, Stein.E.Ommundsen@Fiven.com

Stefan Mokros, IR Manager
+49 221 6507 6097, stefan.mokros@fiven.com

This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 17:00 CET on 25 March 2022.

 

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