Brief: Apranga Q1 Gross Loss Widens At EUR 2.2 Million YoY

Apranga APB

28/04/2020 15:18

April 28 (Reuters) - Apranga APB  APG1L.VL :
    * Q1 RETAIL TURNOVER (INCLUDING VAT) AT EUR 45.8 MILLION
DOWN 7.9%
YOY
    * Q1 GROSS LOSS AT EUR 2.2 MILLION VERSUS LOSS OF EUR 0.8
MILLION
YEAR AGO
    * MANAGEMENT ESTIMATES THAT IN MARCH DUE TO COVID-19 AND THE
TEMPORARY CLOSURE OF STORES, THE GROUP LOST ABOUT EUR 10.0
MILLION OF TURNOVER AND DID NOT EARN ABOUT EUR 2.5 MILLION OF
GROSS PROFIT

Source text for Eikon:  ID:nGNE4cds30 
Further company coverage:  APG1L.VL 

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