Brief: Iceland Seafood International Q3 Oper Profit Down At EUR 1.4 Mln

Iceland Seafood Internat hf

18/11/2020 15:46

Nov 18 (Reuters) - Iceland Seafood International hf
 ICESEA.IC :
    * ICELAND SEAFOOD INTERNATIONAL HF: GROUP SALES IN Q3 ON PAR
WITH
SAME PERIOD LAST YEAR, DESPITE EXTERNAL CHALLENGES
    * SALES IN Q3 2020: EUR 95.7M, COMPARED TO EUR 96.0M IN Q3
2019
    * DUE TO ONGOING UNCERTAINTY PREVIOUSLY ANNOUNCED PROFIT
OUTLOOK
RANGE FOR 2020 IS WITHDRAWN
    * NET MARGIN FOR 9M 2020: EUR 22.6M, DOWN EUR 5.7M FROM 9M
2019
    * NORMALISED PROFIT BEFORE TAX ("PBT) IN 9M 2020: EUR 3.0M
COMPARED TO EUR 7.7M IN 9M 2019
    * Q3 OPERATING PPROFIT EUR 1.4 MILLION VERSUS PROFIT EUR 3.1
MILLION YEAR AGO

Source text for Eikon:  ID:nGNE1MN7v4 
Further company coverage:  ICESEA.IC 

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