Brief: Gyldendal Chapter Establishment To Have Negative Impact On Results

Gyldendal A/S

29/05/2020 08:15

May 29 (Reuters) - Gyldendal A/S  GYLDb.CO :
    * GYLDENDAL A/S - CO TOGETHER WITH GADS FORLAG A/S AND MODTRYK APS INVEST IN NEW ENTITY,
CHAPTER
A/S
    * GYLDENDAL A/S - NEW COMPANY TO OFFER STREAMING SERVICES FOR AUDIO AND E-BOOKS
    * GYLDENDAL A/S - CO OWNS 65% OF CHAPTER, WHILE GADS FORLAG OWN 25% AND MODTRYK 10%
    * GYLDENDAL A/S - CHAPTER ESTABLISHMENT IS LONG-TERM STRATEGIC INVESTEMENT OF DKK 30-40
MILLION
    * GYLDENDAL A/S - CONTINUES NOT TO GIVE SPECIFIC GUIDANCE FOR FINANCIAL RESULTS IN 2020
    * GYLDENDAL A/S - CHAPTER ESTABLISHMENT TO HAVE NEGATIVE IMPACT ON CO'S RESULTS WITH ABOUT
DKK
15-20 MILLION IN 2020 AND 2021

Source text for Eikon:  ID:nGNE7V7ZNR 
Further company coverage:  GYLDb.CO 

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