Brief: RNB Q1 Operating Income Down At SEK 12 Mln

Coala-Life AB (publ)

19/12/2019 06:07

Dec 19 (Reuters) - RNB RETAIL AND BRANDS AB (publ)  RNBS.ST :
    * Q1 NET SALES SEK 573 MILLION VERSUS SEK 600 MILLION YEAR AGO
    * Q1 PROFIT AFTER TAX AMOUNTED TO SEK -4 M (25)
    * EXKLUDING IFRS 16 WAS Q1  PROFIT AFTER TAX 0 MKR (25)
    * Q1 OPERATING INCOME WAS SEK 12 M (36)
    * THE RESTRUCTURING COSTS OF SEK 35 MILLION OVER THE PAST 12 MONTHS WILL CEASE, WHILE THE
FULL
EFFECT OF SIGNIFICANT COST RATIONALIZATIONS WILL BE REALIZED, DURING THE COMING QUARTERS - CEO

Source text for Eikon:  ID:nWkrbD1VfY 
Further company coverage:  RNBS.ST 

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