Brief: Duni Q1 Net Income Down At SEK 22 Million

Duni AB

24/04/2020 06:48

April 24 (Reuters) - Duni AB  DUNI.ST :
    * INTERIM REPORT FOR DUNI AB (PUBL) JANUARY 1 - MARCH 31,
2020
    * Q1 NET SALES AMOUNTED TO SEK 1,249 M (1,264),
CORRESPONDING TO A
1.2% DECREASE IN SALES
    * Q1 NET SALES SEK 1,249 MILLION VERSUS SEK  1.26 BILLION
YEAR AGO
    * IN MARCH, BOARD RESOLVED TO WITHDRAW ITS PREVIOUSLY
ANNOUNCED
PROPOSED DIVIDEND FOR 2019 FINANCIAL YEAR.
    * STABLE START TO QUARTER BUT VOLUMES FELL AS VARIOUS
COUNTRIES'
COVID-19 RESTRICTIONS WENT INTO EFFECT STARTING IN MID-MARCH
    * Q1 NET INCOME SEK 22 MILLION VERSUS SEK 52 MILLION YEAR
AGO
    * COVID-19 HAS NEGATIVE IMPACT ON SALES

Source text for Eikon:  ID:nWkrbvTTkt 
Further company coverage:  DUNI.ST 

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