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General

Siminn reports healthy Q3 earnings, expects to close sale of Mila to Ardian in H1

Wednesday 27 October 2021 | 12:35 CET | News
Icelandic operator Siminn is sticking to its full-year outlook as it reported little change in revenue in the third quarter, with EBITDA and EBIT "never better" in one quarter, thanks to cost control. It said the recently announced agreement to sell its Mila infrastructure subsidiary to Ardian should yield a profit of just over ISK 46 billion. The sale should be completed in H1 2022.

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Categories: General
Companies: Mila / Siminn
Countries: Iceland
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