BRIEF-Polestar Reports Q3 Revenue $550.7 Million

Reuters
01-16

Jan 16 (Reuters) - Polestar Automotive Holding Uk Plc

:

* POLESTAR Q3 REVENUE $550.7 MILLION; Q3 ADJUSTED EBITDA $-180.5 MILLION

* POLESTAR: SEES MID-TEENS PERCENT FALL IN 2024 REVENUE & NEGATIVE GROSS MARGIN SAME AS 2023 LEVELS

* POLESTAR: SEES POSITIVE FREE CASH FLOW AFTER INVESTMENTS IN 2027

* POLESTAR: SEES 2025 - 2027 COMPOUND ANNUAL RETAIL SALES VOLUME GROWTH 30-35% & POSITIVE ADJUSTED EBITDA IN 2025

* POLESTAR: CONTINUES TO WORK WITH GEELY ON SECURING NEW EQUITY & DEBT FUNDING

* POLESTAR: CLUB-LOAN LENDERS TO AMEND REVENUE COVENANT FOR 2024 & WAIVE TESTING OF 2024 END & Q1 2025 DEBT RATIO COVENANT

* POLESTAR: SECURED OVER $800 MILLION IN LOAN FACILITIES IN DEC, WORKING ON SECURING ADDITIONAL FACILITY OF OVER $400 MILLION

* POLESTAR: TO RESTATE FY 2022, 2023, AND HY 2023, HY 2024 FINANCIAL STATEMENTS DUE TO UNDERREPORTING OF ASSETS & ACCRUED LIABILITIES

* POLESTAR: POLESTAR 5 LAUNCH IN 2025; POLESTAR 7 TO BE PRODUCED IN EUROPE

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10