EBITDA of USD 175m below cons at USD 225m and ARCe at USD 202m
Deviation because of higher cost and lower revenue in the UDW segment
Doing all they can to extend the runway with another debt exchange
We view the report as negative versus our and market expectations
22 Feb 2021
Weak Q4 figures
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Weak Q4 figures
- Published:
22 Feb 2021 -
Author:
Sebastian Grindheim -
Pages:
7 -
EBITDA of USD 175m below cons at USD 225m and ARCe at USD 202m
Deviation because of higher cost and lower revenue in the UDW segment
Doing all they can to extend the runway with another debt exchange
We view the report as negative versus our and market expectations