Brief: Gruppo MutuiOnline Q1 Net Profit Down At EUR 7.7 Mln

Moltiply

15/05/2020 17:05

May 15 (Reuters) - Gruppo MutuiOnline SpA  MOL.MI :
    * Q1 REVENUE EUR 58.1 MILLION VERSUS EUR 53.6 MILLION YEAR
AGO
    * Q1 NET PROFIT EUR 7.7 MILLION VERSUS EUR 8.8 MILLION YEAR
AGO
    * IT IS DIFFICULT TO PREDICT SPEED WITH WHICH DEMAND FOR OUR
SERVICES WILL RESUME
    * IT IS DIFFICULT TO  ESTIMATE MEDIUM-TERM EFFECTS ON
REFERENCE
MARKETS OF DIVISION’S CUSTOMERS, AND ON CONSUMER CONFIDENCE
    * DESPITE DIFFICULT SCENARIO, OPPORTUNITIES ARE SHOWING UP
TO
OFFER NEW SERVICES, ESPECIALLY TO BANKING SECTOR
    * NEW OPPORTUNITIES ARE LINKED DIGITIZATION AND REMOTE
REDESIGN OF
PROCESSES

Source text for Eikon:  ID:nBIA48Ws44 
Further company coverage:  MOL.MI 

 (Gdansk newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 778 5110;))