Brief: Flugger Q1 Earnings Up At DKK 66 Million

Flugger A/S

09/09/2019 14:41

Sept 9 (Reuters) - Flugger group A/S  FLUGb.CO :
    * POSTED REVENUE OF DKK 514 MILLION IN Q1 OF 2019/20 NON-CALENDAR FINANCIAL YEAR, EQUIVALENT
TO A
3% DECLINE MEASURED IN LOCAL CURRENCY
    * GROUP'S EARNINGS ROSE BY DKK 5 MILLION IN Q1 TO DKK 66 MILLION, COMPARED TO DKK 61 MILLION
FOR
SAME PERIOD PREVIOUS YEAR
    * DECLINING SALES FOR OUTDOOR PAINTS IN MAY AND JUNE RESULTED IN A CHALLENGING START TO
FINANCIAL
YEAR
    * TO INTENSIFY IMPLEMENTATION OF EFFICIENCY PROGRAMME, INITIATE NUMBER OF TACTICAL MEASURES
TO
ENSURE CO REACHES FORECASTS FOR FY 2019/20

Source text: https://bit.ly/2kCxRmS
Further company coverage:  FLUGb.CO 

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