Brief: Duni Q2 Operating Profit Swings To Loss SEK 92 Mln

Duni AB

15/07/2020 06:51

July 15 (Reuters) - Duni AB  DUNI.ST :
    * INTERIM REPORT FOR DUNI AB (PUBL) JANUARY 1 - JUNE 30,
2020
    * Q2 NET SALES AMOUNTED TO SEK 820 M (1,348), CORRESPONDING
TO A
39.2% DECREASE IN SALES
    * VOLUME DECREASE DUE TO MAJOR RESTRICTIONS AND SHUTDOWNS IN
HOTEL
AND RESTAURANT SECTOR IN RELATION TO COVID-19 IS MAIN REASON FOR
LOWER INCOME
    * SALES RECOVERED GRADUALLY FROM A 54% DECREASE IN APRIL TO
AN 18%
DECREASE IN JUNE
    * OPERATING INCOME GRADUALLY IMPROVED IN QUARTER, REACHING
BREAK-EVEN IN JUNE
    * COVID-19 RESTRICTIONS SIGNIFICANTLY DECREASED ACTIVITY IN
RESTAURANT AND HOTEL SECTOR
    * Q2 OPERATING INCOME AMOUNTED TO SEK -92 M (111) AND
IMPROVED
GRADUALLY DURING QUARTER, REACHING BREAK-EVEN IN JUNE

Source text for Eikon:  ID:nWkr2gCqSc 
Further company coverage:  DUNI.ST 

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