Brief: Ferratum Oyj Cuts 2020 Revenue And EBIT Expectations

Multitude AG

18/03/2020 06:22

March 18 (Reuters) - FERRATUM OYJ  FRU.DE :
    * REDUCING 2020 REVENUE AND EBIT EXPECTATIONS
    * EXPECTS COVID-19 PANDEMIC TO HAVE A MATERIAL IMPACT ON
GROUPS
PERFORMANCE
    * EXPECTS HIGH VOLATILITY IN FX RATES AS A CONSEQUENCE OF
COVID-19
OUTBREAK AND OIL MARKET TURMOIL TO HAVE A NEGATIVE IMPACT ON NET
PROFITABILITY IN 2020

Source text for Eikon:  ID:nEQ6tWpBwa 
Further company coverage:  FRU.DE 

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