Brief: Iceland Seafood Comments On Covid-19 Impact

Iceland Seafood Internat hf

28/04/2020 12:10

April 28 (Reuters) - Iceland Seafood International hf
 ICESEA.IC :
    * REG-ICELAND SEAFOOD INTERNATIONAL HF: IN EXCESS €17M LONG
TERM
FINANCING SECURED IN SPAIN WHILST Q1 RESULTS WERE IMPACTED BY
COVID-19. PREVIOUSLY ANNOUNCED OUTLOOK FOR 2020 IS THEREFORE
WITHDRAWN
    * PRELIMINARY DRAFT OF Q1 2020 FINANCIALS INDICATE A
NORMALISED
PBT OF EUR 2.6M FOR PERIOD COMPARED TO EUR 3.5M FOR SAME PERIOD
LAST YEAR
    * GROUP WILL BE NEGATIVELY IMPACTED IN COMING WEEKS AND
MONTHS.
    * PREVIOUSLY ANNOUNCED OUTLOOK RANGE FOR 2020 NORMALISED PBT
IS
WITHDRAWN
    * DUE TO THESE NEGATIVE SHORT TERM IMPACTS PREVIOUSLY
ANNOUNCED
OUTLOOK RANGE FOR 2020 NORMALISED PBT IS WITHDRAWN
    * WILL COMMUNICATE FURTHER ON MATTER AND PROVIDE AN UPDATE
ON
PROFIT OUTLOOK FOR YEAR, AS LESS AMBIGUITY WILL BE ON
DEVELOPMENT OF COVID-19 AND RELATED RESTRICTIONS

Source text for Eikon:  ID:nGNE9GQPr0 
Further company coverage:  ICESEA.IC 

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