Brief: Firstfarms Q1 EBITDA Up At DKK 26.2 Mln

FirstFarms A/S

28/05/2020 08:31

May 28 (Reuters) - Firstfarms A/S  FFARMS.CO :
    * REG-INTERIM FINANCIAL REPORT FOR 1 JANUARY - 31 MARCH 2020
FOR
FIRSTFARMS A/S
    * Q1 TURNOVER DKK 82.6 MILLION VERSUS DKK 55.6 MILLION YEAR
AGO
    * Q1 EBITDA DKK 26.2 MILLION VERSUS DKK 23.4 MILLION YEAR
AGO
    * GROWTH IN TURNOVER AND STABLE RESULT, DESPITE UNSTABLE
MARKET
CONDITIONS
    * MAINTAINS ANNOUNCED EXPECTATIONS FOR 2020
    * RESULT WILL DEPEND ON PRICE DEVELOPMENT OF MILK, MEAT AND
CROPS
FOR REST OF 2020
    * OPERATION AND SALES HAVE TO A MINOR EXTENT BEEN AFFECTED
BY
CONSEQUENCES OF COVID-19 OR RESTRICTIONS HEREOF
    * WE STILL EXPECT A STABLE RESULT AND A NORMALISATION OF
PRICES
AND SALE OF OUR PRODUCTS

Source text for Eikon:  ID:nGNEb6ZS0V 
Further company coverage:  FFARMS.CO 

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