Brief: Ayima Group Q1 Net Result After Tax Turns to Loss At SEK 0.6 Mln

Ayima AB (publ)

05/05/2022 08:38

May 5 (Reuters) - Ayima Group AB (publ)  AYIMAb.ST :
    * Q1 TOTAL REVENUE AMOUNTED TO SEK 36.6 MILLION VERSUS SEK
36.8
MILLION YEAR AGO
    * Q1 NET LOSS AFTER TAX SEK 0.6 MILLION VERSUS PROFIT SEK
5.3
MILLION YEAR AGO
    * ON RUSSIA/UKRAINE: IMMEDIATE EFFECT ON AYIMA’S FORTUNES IS
THAT
NEW BUSINESS DISCUSSIONS HAVE LARGELY STALLED SINCE EARLY
FEBRUARY
    * ON RUSSIA/UKRAINE: SOME CLIENTS HAVE CUT DISCRETIONARY
SPENDING
TEMPORARILY AND THEREFORE THE EXPECTED GROWTH DID NOT EVENTUATE
    * OUTLOOK: IN TERMS OF IMMEDIATE OUTLOOK, WE EXPECT Q2 TO BE
ROUGHLY IN LINE WITH Q1 AND WE ARE CURRENTLY FORECASTING A
RETURN TO GROWTH IN Q3 AND Q4

Source text for Eikon:  ID:nWkr2jLvwj 
Further company coverage:  AYIMAb.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))