Brief: Do & Co Q1 EBITDA Down At EUR -7.72 Mln

DO & CO AG

12/08/2020 08:31

Aug 12 (Reuters) - DO & CO AG  DOCO.VI :
    * DECLINE IN REVENUE AND RESULT SOLELY DUE TO COVID-19
    * EBITDA OF DO & CO GROUP WAS EUR -7.72M IN Q1 OF BUSINESS
YEAR
2020/2021 (PY: EUR 28.10M)
    * Q1 REVENUE IN AMOUNT OF EUR 32.47M, REPRESENTING A DECLINE
OF
-86.9% OR EUR -215.07M ON PREVIOUS YEAR
    * IN COMING QUARTERS OF BUSINESS YEARS 2020/2021, NET RESULT
WILL
GENERALLY BE STRONGLY AFFECTED BY COVID-19 SITUATION AS WELL
    * NET RESULT DECREASED BY EUR -27.84M FROM EUR 5.68M IN
PREVIOUS
YEAR TO EUR -22.15M IN Q1 OF BUSINESS YEAR 2020/2021.
    * Q1 CONSOLIDATED EBIT AMOUNTED TO EUR -21.66M, THUS EUR
-37.25M
LOWER THAN IN SAME PERIOD OF PREVIOUS YEAR

Source text for Eikon:  ID:nEQ8JCPcva 
Further company coverage:  DOCO.VI 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))