Brief: Lagercrantz Group Q4 EBITA Falls To SEK 152 Mln

Lagercrantz AB

13/05/2020 13:09

May 13 (Reuters) - Lagercrantz Group AB  LAGRb.ST :
    * LAGERCRANTZ YEAR-END REPORT 2019/20
    * DIRECTORS HAS POSTPONED ITS PROPOSAL ON A DIVIDEND FOR
YEAR.
    * NET REVENUE FOR Q4 INCREASED BY 3 PERCENT AND AMOUNTED TO
MSEK
1,112 (1,078).
    * ON CORONAVIRUS: EFFECTS OF COVID-19 PANDEMIC ON FINANCIAL
RESULTS HAVE BEEN LIMITED DURING QUARTER
    * MEASURES ARE BEING TAKEN WITHIN OPERATIONS TO HANDLE A
LOWER
BUSINESS VOLUME.
    * ON CORONAVIRUS: ARE EXPECTED TO IMPACT GROUP DURING COMING
QUARTERS
    * APPROACHING 2020/21 FINANCIAL YEAR, THERE IS GREAT
UNCERTAINTY
REGARDING MARKET CONDITIONS AND BUSINESS SITUATION
    * Q4 EBITA SEK 152 MILLION VERSUS SEK 153 MILLION YEAR AGO

Source text for Eikon:  ID:nWkr4cvh0B 
Further company coverage:  LAGRb.ST 

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