Boozt: Seen up after EBIT margin outlook upgrade
07/10/2020 07:58
** Shares in Swedish online retailer Boozt BOOZT.ST seen
rising 3% as the company ups its full-year profit margin
forecast urn:newsml:reuters.com:*:nL8N2GY0I3
** The company now sees FY EBIT margin at 4.5-5.5% versus
previous view of 3.5-4.5%
** Cites better than expected development in Q3 driven by a
good start to the autumn/winter season and improved gross margin
((marta.frackowiak@thomsonreuters.com))