Brief: Gofore Comparable Adjusted EBITA for Q1 Was EUR 3.3 Million

Gofore Oyj

09/04/2020 13:37

April 9 (Reuters) - Gofore Oyj  GOFORE.HE :
    * REG-GOFORE PLC: GOFORE PLC'S BUSINESS REVIEW 1 MARCH-31 MARCH 2020: MARCH NET SALES TO A
RECORD
LEVEL - GOOD PROFITABILITY IN THE FIRST QUARTER
    * NET SALES FOR Q1 (1 JANUARY-31 MARCH, 2020) WERE EUR 18.8 MILLION AND INCREASED BY 12.8%
(EUR
16.7 MILLION)
    * GROUP'S COMPARABLE ADJUSTED EBITA (EBITA, ADJUSTED FOR NON-RECURRING ITEMS) FOR QUARTER
WAS EUR
3.3 MILLION,
    * DESPITE EXCEPTIONAL CIRCUMSTANCES, GOFORE REACHED RECORD NET SALES IN MARCH
    * REACHED RECORD NET SALES IN MARCH
    * OPERATING PROFIT WAS REDUCED BY NON-RECURRING COSTS AND PROVISIONS RELATED TO DIVESTMENT
OF UK
SUBSIDIARY'S BUSINESS.
    * IS NOT IMMUNE TO EFFECTS OF CORONA EITHER, BUT FINANCIAL DEVELOPMENT OF OUR CUSTOMERS IS
LIKELY
TO BE REFLECTED IN OUR BUSINESS AND ESPECIALLY IN DEVELOPMENT OF MARKET

Source text for Eikon:  ID:nGNE8Rqh8l 
Further company coverage:  GOFORE.HE 

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