Brief: Mekonomen Q1 Adjusted EBIT Down At SEK 98 Mln

Meko AB

29/05/2020 06:33

May 29 (Reuters) - Mekonomen AB  MEKO.ST :
    * Q1 REVENUE SEK 2,874 MILLION VERSUS SEK 2,909 MILLION YEAR
AGO
    * Q1 ADJUSTED EBIT AMOUNTED TO SEK 98 M (214)
    * Q1 EBIT TOTALLED SEK 59 M (170)
    * COVID-19 AND DATA BREACH IMPACTED QUARTER NEGATIVELY.
    * IN Q2 2020, WE EXPECT A CONSIDERABLE NET SALES AND EBIT
MARGIN
DETERIORATION COMPARED TO YEAR-EARLIER QUARTER.

Source text for Eikon:  ID:nWkr25YJcj 
Further company coverage:  MEKO.ST 

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