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    ETX   CA29786T1057

ETRION CORPORATION

(ETX)
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Etrion to Release First Quarter 2021 Results on May 7, 2021

05/04/2021 | 05:05pm EDT

GENEVA, Switzerland, May 04, 2021 (GLOBE NEWSWIRE) -- Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, will release its first quarter 2021 results before the market opens on Friday, May 7, 2021.

The Company’s condensed consolidated interim financial statements for the three months ended March 31, 2021, as well as the related documents, will be available on the Company’s website (www.etrion.com)

About Etrion

Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns and operates 57 MW of solar capacity and owns the 45 MW Niigata project under construction, all in Japan. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under ticker symbol “ETX”. Etrion’s largest shareholder is the Lundin family, which owns approximately 36% of the Company’s shares directly and through various trusts.

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Etrion discloses the information provided herein pursuant to the Swedish Securities Market Act. The information was submitted for publication at 11:05 p.m. CET on May 4, 2021.

For additional information, please visit the Company’s website at www.etrion.com or contact:

Christian Lacueva – Chief Financial Officer
Telephone: +41 (22) 715 20 90


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ę GlobeNewswire 2021
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Financials
Sales 2021 30,3 M 24,3 M 24,3 M
Net income 2021 -11,4 M -9,11 M -9,11 M
Net Debt 2021 454 M 364 M 364 M
P/E ratio 2021 -11,6x
Yield 2021 -
Capitalization 132 M 106 M 106 M
EV / Sales 2021 19,3x
EV / Sales 2022 15,3x
Nbr of Employees 17
Free-Float 58,2%
Chart ETRION CORPORATION
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Technical analysis trends ETRION CORPORATION
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TrendsNeutralNeutralBullish
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price
Last Close Price 0,40 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers and Directors
NameTitle
Marco Antonio Northland Chief Executive Officer & Director
Christian Lacueva Canut Chief Financial Officer
Aksel Azrac Chairman
Martin Oravec Chief Investment Officer
Ian Henrik Lundin Independent Director
Sector and Competitors