Brief: Mobilezone Germany Consolidates Indirect Sales Under New Brand Mobilezone Handel

Mobilezone Holding AG

13/05/2020 06:07

May 13 (Reuters) - MOBILEZONE HOLDING AG  MOZN.S :
    * MOBILEZONE GERMANY CONSOLIDATES INDIRECT SALES UNDER NEW
BRAND
MOBILEZONE HANDEL
    * CONSOLIDATION OF COMMERCIAL BUSINESS WILL RESULT IN
RESTRUCTURING COSTS OF AROUND EUR 6 MILLION, WHICH WILL HAVE A
ONE-OFF IMPACT ON 2020 EBIT
    * LOCKDOWN CAUSED BY COVID-19 HAS HAD A SIGNIFICANT IMPACT
ON
OPERATING RESULTS OF MOBILEZONE GROUP FOR FIRST HALF OF 2020

Source text for Eikon:  ID:nTEN4vdbxa 
Further company coverage:  MOZN.S 

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