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General

Siminn mulls options for Mila infrastructure arm, Q1 revenue rises nearly 2%

Wednesday 28 April 2021 | 12:53 CET | News
Icelandic operator Siminn said Lazard is advising its Mila infrastructure division on its options, as it announced a slight rise in first quarter revenue, and net profit bolstered by the sale of Siminn's Sensa IT arm to Crayon. Revenue in Q1 rose by 1.6 percent to ISK 6.41 million excluding Sensa, from ISK 6.31 million a year earlier. If Sensa were included, revenue would have risen to ISK 7.29 billion from ISK 7.23 billion.

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Categories: General
Companies: Mila / Siminn
Countries: Iceland
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