Brief: RNB Q3 Operating Loss Widens To SEK 285 Million

Coala-Life AB (publ)

08/07/2020 06:03

July 8 (Reuters) - Rnb Retail and Brands AB (publ)
 RNBS.ST :
    * INTERIM REPORT 1 SEPTEMBER 2019 - 31 MAY 2020
    * Q3 NET SALES SEK 324 MILLION VERSUS SEK 511 MILLION YEAR
AGO
    * Q3 OPERATING LOSS SEK 285 MILLION VERSUS LOSS SEK 17
MILLION
YEAR AGO
    * PO.P'S E-COMMERCE SALES INCREASED BY NEARLY 200 %, AND
FULLY
DIGITAL MAN OF A KIND BY CLOSE TO 100 %
    * SALES IN JUNE, WITH COMPARABLE SALES DOWN BY -39 PERCENT
AND
STORE SALES BY -45 PERCENT.

Source text for Eikon:  ID:nWkrbQFhb0 
Further company coverage:  RNBS.ST 

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