Fiven ASA - Third Quarter Results 2022
· The Q3 Total revenues reached EUR 45.0m representing an increase of 41.5% versus Q3 2021 · The adjusted EBITDA was EUR 14.0m, versus EUR 7.2m in Q3 2021. · Higher market shares and inflationary market prices have offset a slow-down in global demand due to uncertainty in the economy · The EBITDA performance against last year’s Q3 is also impacted by favorable appreciation of the BRL against the EUR · Both power and petroleum coke prices in Q3 have remained at high levels · Cash Flow from Operations reached EUR 16.4m compared with EUR 3.7m Q3 Last Year · The cash balance