Financial Report for Q1 2021 published

Chip Bidco AS, parent company of Cegal Group, is announcing the results from the first quarter.


Chip Bidco AS, a Cegal Group company, announces the results of Q1 2021.

Adjusted Q1 2021 EBITDA was NOK 46.1 million compared to NOK 50.8 million in the same period last year, which is primarily related to the lower consulting revenues, with March 2020 being an extraordinary month due to support offered to clients moving to home offices.

Reported operating revenues in Q1 2021 were NOK 202.6 million compared to NOK 208.6 million in Q1 2020.

Read the report here.

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