Fiven ASA third quarter report 2020 – Solid financial performance

·  In a challenging market environment following the Covid pandemic, Fiven Group succeeded in delivering solid financial performance during the third quarter. · Total revenues reported at EUR 20.9m, down by 27.8% versus third quarter 2019. · The adjusted EBITDA was EUR 3.9m, down by 7.9% versus third quarter 2019. · The adjusted EBITDA margin increased as a result of better sales mix, favorable situation on forex and solid cost discipline. · At the end of the third quarter of 2020, the Fiven work force comprised 525 full-time equivalents. This is a reduction during the quarter