Brief: Millicom Provides Trading Update

Millicom International Cellular SA

19/10/2020 14:02

Oct 19 (Reuters) - Millicom International Cellular SA
 TIGOsdb.ST :
    * REG-MILLICOM PROVIDES TRADING UPDATE
    * OPERATING AND FINANCIAL PERFORMANCE WAS SEVERELY IMPACTED
BY
COVID-19 BEGINNING IN MID-MARCH 2020
    * IMPROVED TREND THAT BEGAN IN JUNE HAS CONTINUED THROUGHOUT
Q3
    * ACTUAL RESULTS FOR Q2 2020 REFLECTED WEAK PERFORMANCE IN
APRIL
AND MAY, FOLLOWED BY SLIGHTLY IMPROVED PERFORMANCE IN JUNE
    * MOST BUSINESS LINES AND MOST COUNTRIES EXPERIENCING BETTER
PERFORMANCE IN Q3 AS COMPARED TO Q2 OF 2020, ALTHOUGH KEY
INDICATORS GENERALLY REMAINED MEANINGFULLY BELOW PRE-COVID
LEVELS

Source text for Eikon:  ID:nGNE3LDWVF 
Further company coverage:  TIGOsdb.ST 

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