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General

Syn lifts Q1 EBITDA, revenue little changed with addition of hosting turnover

Thursday 14 May 2020 | 12:26 CET | News
Vodafone Iceland company Syn said revenue for the first quarter of 2020 amounted to ISK 5.00 billion, up from ISL 4.98 billion a year earlier. Revenues from high performance computing firm Endor were included for the first time. Syn aims to lift the FY EBITDA margin and operating cash flow despite the pandemic, but said it had never considered a shutdown of the economy even in its bleakest scenario.

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Categories: General
Companies: Vodafone / Vodafone Iceland
Countries: Iceland
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