Brief: Isoteam Sees Financial Performance For FY Ending 30 June To Be Materially Impacted

Isoteam

15/05/2020 12:11

May 15 (Reuters) - ISOteam Ltd  ISOT.SI :
    * ISOTEAM SEES FINANCIAL PERFORMANCE FOR FY ENDING 30 JUNE
TO BE
MATERIALLY IMPACTED
    * REVENUE IN SECOND HALF OF FY2020 IS EXPECTED TO DECLINE
SIGNIFICANTLY
    * EXPECTING LONGER COLLECTION PERIOD DURING CLOSURE PERIODS
    * UNABLE TO QUANTIFY NOR DETERMINE TRUE EXTENT OF FINANCIAL
IMPACT
BEYOND FY2020
    * PROBABLE DECLINE IN REVENUE, NET INCOME NOT EXPECTED TO
AFFECT
ABILITY TO CONTINUE AS GOING CONCERN

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8j1gdx
Further company coverage:  ISOT.SI 

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