Brief: Ambea Q2 EBITA Up At SEK 165 Mln

Ambea publ AB

19/08/2020 06:09

Aug 19 (Reuters) - Ambea AB (publ)  AMBEA.ST :
    * AMBEA'S INTERIM REPORT APRIL-JUNE 2020
    * Q2 WAS HIGHLY AFFECTED BY ONGOING CORONAVIRUS PANDEMIC.
    * Q2 EBITA INCREASED 39 PER CENT TO SEK 165 MILLION (118),
CORRESPONDING TO A MARGIN OF 5.9 PER CENT (4.1)
    * SAYS IN Q2, ESTIMATED IMPACT OF CORONAVIRUS IS SEK -80
MILLION
ON SALES AND SEK -25 MILLION ON EARNINGS
    * SAYS NEGATIVE IMPACTS OF COVID-19 ON COMPANY ARE EXPECTED
TO
CONTINUE, IN Q3, EXPECTED NEGATIVE IMPACT IS SEK 70-80 MILLION
ON SALES AND SEK 50-60 MILLION ON EBITA
    * Q2 NET SALES DECREASED 4 PER CENT TO SEK 2,776 MLN (2,877)

Source text for Eikon:  ID:nWkr7Dc5lL 
Further company coverage:  AMBEA.ST 

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