DOVRE GROUP TRADING STATEMENT JANUARY 1 – MARCH 31, 2024 [Yahoo! Finance]
FORTUM OYJ CP UNSP/ADR (FOJCY)
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Source: Yahoo! Finance
Significant write-down of a single renewable project led to a negative operating profit Dovre Group Plc issues today a trading statement for the three months ended on March 31, 2024. The figures presented in this trading statement are not audited. Last year's corresponding period in parentheses. January – March 2024 Net sales EUR 42.3 (45.8) million – decrease 7.6% Project Personnel: net sales EUR 25.2 (24.8) million – increase 1.7% Consulting: net sales EUR 3.6 (5.1) million – decrease 29.6% Renewable Energy: net sales EUR 13.5 (15.9) million - decrease 15.1% EBITDA EUR -4.6 (1.9) million Operating result EUR -4.9 (1.7) million Result before tax EUR -5.1 (1.5) million Result for the shareholders of the parent company EUR -2.4 (1.0) million Earnings per share EUR -0.023 (0.010) Net cash flow from operating activities EUR -1.9 (4.3) million Dovre Group's profitability for the period was clearly negative due to a significant write-down (5.8 million euros) of a
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