Norbit reported Q4/20 EBITDA 31% below latest Factset consensus
The negative deviation was explained by low profitability for ITS
Net financial expense of NOK 9m following NOK strengthening
The board announced 2020 DPS of NOK 0.30 (63% payout ratio)
10 Feb 2021
ITS only firing on 2 out of 3 cylinders
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ITS only firing on 2 out of 3 cylinders
Norbit reported Q4/20 EBITDA 31% below latest Factset consensus
The negative deviation was explained by low profitability for ITS
Net financial expense of NOK 9m following NOK strengthening
The board announced 2020 DPS of NOK 0.30 (63% payout ratio)