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General

Siminn expects better EBITDA margin in 2020 after rise in Q4 revenue and earnings

Friday 21 February 2020 | 11:14 CET | News
Icelandic operator Siminn said it is well positioned for 2020 despite the country's slower economy, and it expects an improved EBITDA margin and stronger cash flow compared with 2019. It said revenue in the fourth quarter of 2019 rose to ISK 7.90 billion from ISK 7.54 billion a year earlier, an increase of ISK 352 million or 4.7 percent. It said the Q4 2018 interim statement has been restated according to changes made to treatment of television rights.

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Categories: General
Companies: Siminn
Countries: Iceland
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