Brief: Moment Group AB Says Net Sales From Operations Totalled SEK 31 Mln During Quarter

Moment AB

26/11/2020 19:05

Nov 26 (Reuters) - Moment Group AB  MOMENT.ST :
    * PERIOD JULY THROUGH SEPTEMBER CONTINUED TO BE
CHARACTERISED BY
NEGATIVE IMPACT OF CORONA PANDEMIC
    * DURING QUARTER, NET SALES FROM OPERATIONS TOTALLED SEK 31
MILLION (146), A REDUCTION OF ALMOST 80%
    * OPERATING LOSS FOR QUARTER TOTALLED SEK -68 MILLION (-27),
WHICH
IS SEK 41 MILLION GREATER THAN SAME PERIOD LAST YEAR
    * MOMENT GROUP - QTRLY OPERATING LOSS INCLUDES IMPAIRMENT
CHARGES
FOR GOODWILL IN AMOUNT OF SEK 20 MILLION, WHICH GIVES AN
ADJUSTED EBIT OF SEK -48 MILLION

Source text for Eikon:  ID:nWkr8VSynC 
Further company coverage:  MOMENT.ST 

 ((Reuters.Briefs@thomsonreuters.com;))