Sn hf.'s consolidated interim financial statement for the first nine months of 2023 was approved by the board of directors on November 8 th , 2023. Sn hf.'s Consolidated Interim Financial Statement for the first nine months of 2023 was approved by the board of directors on November 8 th , 2023.

Major Milestones Achieved by Sýn hf.

Sminn's revenue, EBITDA and profit in the third quarter of 2023 were higher than in the same period of 2022 and amounted to ISK 6,501 million, ISK 507 million and ISK 765 million, respectively.

Síminn hf. Introduces New Product, Drives Revenue Growth

Operating profit for the first half of 2023 amounted to ISK 1,002 million, an increase of 39% compared to the same period in the previous year.

Sýn hf. Reports Impressive Operating Profit of ISK 1,002 Million in H1 2023

Sminn has published its results for the second quarter of 2023. Financial highlights Q2 2023 Revenue in the second quarter (Q2) of 2023 amounted to ISK 6,283 million compared to ISK 6,036 million in the same period 2022 and increased by 4.1%.

Steady Revenue Growth in Síminn hf.'s Core Services

Ciena has announced that Mla, a telecommunications company in Iceland, has deployed Ciena's Packet-Optical Platform to increase the country's bandwidth capacity and 5G capabilities.

Míla, the largest telecom infrastructure company in Iceland, selected Ciena to increase the country's bandwidth capacity and 5G capabilities

Sn has reached an agreement on the purchase of 100% share capital of Njla, the parent company of J hf. has reached an agreement on the purchase of 100% share capital of Njla, the parent company of J hf.

Sýn hf

Sminn's revenue in the first quarter of 2023 amounted to ISK 6,298 million compared to ISK 6,093 million in the same period 2022 and increased by 3.4%. Financial highlights Q1 2023 Revenue in the first quarter (Q1) of 2023 amounted to ISK 6,298 million compared to ISK 6,093 million in the same period 2022 and increased by 3.4%.

Síminn hf

Net profit for the year 2022 amounted to ISK 888 million, compared to a loss of ISK 2.100 million in 2021. Included in last year profit is a non-recurring profit of ISK 2.552 million from the sale of passive mobile infrastructure and a non-recurring loss of ISK 179 million from the sale of the Faroese affiliate Hey.

Syn have released an announcement regarding their financial results.

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