Brief: Garo Q2 EBIT Up At Sek 30.3 Mln

Garo AB

27/08/2020 06:38

Aug 27 (Reuters) - Garo AB  GARO.ST :
    * INTERIM REPORT JANUARY-JUNE 2020
    * Q2 NET SALES AMOUNTED TO MSEK 238.3 (247.3).
    * Q2 EBIT AMOUNTED TO MSEK 30.3 (24.0).
    * SALES TREND IN GARO SWEDEN WAS STABLE DURING QUARTER IN
ALL
PRODUCT AREAS WHILE GARO OTHER MARKETS WAS LOWER DUE TO
PREVAILING CORONAVIRUS PANDEMIC
    * TO DATE, GARO HAS NOT APPLIED FOR OR RECEIVED ANY
FINANCIAL
SUPPORT FROM SWEDISH AGENCY FOR ECONOMIC AND REGIONAL GROWTH AS
A RESULT OF COVID-19.

Source text for Eikon:  ID:nWkr1j6CM1 
Further company coverage:  GARO.ST 

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