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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Asetek A/s | LSE:0QDT | London | Ordinary Share | DK0060477263 | ASETEK ORD SHS |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 29.575 | 28.10 | 31.05 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Cmp Processing,data Prep Svc | 76.33M | 6M | 0.0610 | 79.02 | 473.87M |
From May 2019 to May 2024
OSLO, Norway, Oct. 19, 2020 /PRNewswire/ -- Asetek today updated its full-year 2020 revenue and pre-tax profit expectations due to continued strong demand.
Asetek expects to report an increase in Group revenue of 25% to 30% in 2020 compared with 2019. Gross margin is expected to increase from 2019, and the Company expects an income before tax of about $9-10 million.
The previous revenue and pre-tax profit expectations, announced on August 18, were for revenue growth of 15% to 25% in 2020 compared with 2019 and an expected income before tax of about $7-8 million.
While the Company has experienced strong demand year-to-date 2020, the Company recognizes uncertainty related to potential future impact from COVID-19 over time. Any such uncertainty is not included in the expectations for the remainder of 2020.
About Asetek
Asetek, the creator of the all-in-one liquid cooler, is the global leader for liquid cooling solutions for high performance gaming and enthusiast PCs, and environmentally aware data centers. Founded in 2000, Asetek is headquartered in Denmark and has operations in China, Taiwan and the United States. Asetek is listed on the Oslo Stock Exchange (ASETEK.OL).
For further information, please contact:
CEO and Founder André S. Eriksen
+45 2125 7076, email: ceo@asetek.com
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/asetek/r/asetek---update-to-full-year-2020-guidance,c3218389
The following files are available for download:
https://mb.cision.com/Main/6758/3218389/1320769.pdf | Release |
View original content:http://www.prnewswire.com/news-releases/asetek--update-to-full-year-2020-guidance-301154768.html
SOURCE Asetek
Copyright 2020 PR Newswire
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