Brief: Inwido's Earnings For The Third Quarter Of 2020 Are Expected To Exceed Market Expectations Significantly

Inwido AB (publ)

08/10/2020 17:32

Oct 8 (Reuters) - Inwido AB (publ)  INWI.ST :
    * 'S EARNINGS FOR THE THIRD QUARTER OF 2020 ARE EXPECTED TO
EXCEED
MARKET EXPECTATIONS SIGNIFICANTLY
    * EXPECTS AN OPERATING EBITA FOR Q3 OF 2020 WHICH
SIGNIFICANTLY
EXCEEDS MARKET ESTIMATES AND PREVIUOS YEAR
    * OPERATING EBITA FOR Q3 OF 2020 IS EXPECTED TO AMOUNT TO
SEK 245
MILLION - 250 MILLION
    * SALES ARE EXPECTED TO INCREASE BY APPROXIMATELY 3 PERCENT
AND
ARE EXPECTED TO AMOUNT TO SEK 1,710 - 1,725 MILLION  IN Q3
    * DURING Q3, STRUCTURAL COSTS ARE ESTIMATED TO AMOUNT TO
APPROXIMATELY SEK 7 MILLION

Source text for Eikon:  ID:nWkr6ZRBx3 
Further company coverage:  INWI.ST 

 ((Reuters.Briefs@thomsonreuters.com;))