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;))
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。