The Annual Report 2020 for Chip Bidco AS, a Cegal Group company, was published today.
The Group’s earnings before interest, tax, depreciations and amortizations (EBITDA) was
NOK 192.1 million in 2020, which is 28% higher than 2019 on a proforma basis.
Actual revenues in the Group was NOK 788.9, which is 3% higher than 2019 on a proforma basis.
“We have proven our resilience to abrupt market changes and the whole management team is impressed by the dedication and hard work of every single Cegalian that made us achieve this great result in a challenging year”, says Svein Torgersen, CEO of Cegal.
Read the report here.
 Proforma basis includes revenue and EBITDA as if Chip Bidco Group existed from 01.01.19