Crayon revenues rocket in Q3 despite 'challenging times'
Norwegian firm says it saw growth across the board, but said channel business was star performer
Crayon Group's revenues have rocketed by almost 50 per cent in its third quarter despite facing "challenging times" due to the COVID-19 pandemic. For the quarter ending 30 September, revenues grew by 47 per cent to NOK 3.69bn (€328.52m), while adjusted operating profits jumped by 87 per cent to NOK 64m. Gross profits meanwhile grew by 26.2 per cent to NOK 496.3m. The Oslo-based firm claims Q3 is its 11th consecutive quarter of record-breaking financial results. Crayon co-CEO, Torgrim...
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