Brief: BTS Group Q1 EBITA Falls To SEK 12 Mln

BTS AB

14/05/2020 07:03

May 14 (Reuters) - BTS Group AB  BTSb.ST :
    * Q1 NET SALES SEK 372 MILLION VERSUS SEK 376 MILLION YEAR
AGO
    * REG-BTS GROUP AB (PUBL) INTERIM REPORT 1 JANUARY – 31
MARCH 2020
    * Q1 EBITA SEK 12 MILLION VERSUS SEK 30 MILLION YEAR AGO
    * Q1 NET SALES AMOUNTED TO MSEK 372 (376)
    * Q1 OPERATING PROFIT (EBITA) DECREASED BY 59 PERCENT TO
MSEK 12
(30).
    * PANDEMIC NEGATIVELY AFFECTED GROUP'S SALES AND EARNINGS AT
END
OF QUARTER
    * THERE IS CURRENTLY CONSIDERABLE UNCERTAINTY ABOUT HOW
REVENUES
FOR PHYSICAL, DIGITAL AND VIRTUAL DELIVERIES WILL DEVELOP DURING
YEAR
    * WE DO NOT CURRENTLY HAVE SUFFICIENT DATA TO PROVIDE A
FINANCIAL
OUTLOOK FOR YEAR.

Source text for Eikon:  ID:nGNE9nW39m 
Further company coverage:  BTSb.ST 

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