Festi hf: Forecast updated based on preliminary accounts for Q3 2023
19 Octobre 2023 - 11:10AM
Festi hf: Forecast updated based on preliminary accounts for Q3
2023
According to preliminary management accounts for
Q3 2023, EBITDA will be ISK 3.9 billion compared to ISK 3.1 billion
for the same period last year which is an increase of ISK 0.8
billion YoY. In light of stronger Q3 results than previously
anticipated and updated management forecast for the remainder of
the year, EBITDA forecast for the full year 2023 is increased from
ISK 9,750 – 10,250 million to ISK 10,400 – 10,800 million.
Festi will publish the Q3 2023 results on Wednesday 25 October
after closing of markets. An investor meeting will be held on
Thursday 26 October 2023, at 8:30 am GMT, at the Company´s
headquarters at Dalvegur 10 – 14, Kópavogur.
For further information, please contact Ásta S. Fjeldsted, CEO
of Festi - asta@festi.is or Magnús Kr. Ingason, CFO of
Festi – mki@festi.is
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