Brief: Ferratum Q2 Net Profit At EUR 6.1 Mln

Multitude AG

20/08/2020 06:34

Aug 20 (Reuters) - FERRATUM OYJ  FRU.DE :
    * EBIT INCREASED BY 13.1% TO EUR 12.3 MILLION IN Q2 2020
COMPARED
TO Q2 2019 (EUR 10.8 MILLION)
    * Q2 EBT STOOD AT EUR 6.8 MILLION (Q2 2019: EUR 6.2 MILLION)
AND
NET PROFIT CAME IN AT EUR 6.1 MILLION (Q2 2019: EUR 5.3 MILLION)
    * Q2 FERRATUM'S GROUP REVENUE STOOD AT EUR 55.5 MILLION,
DOWN
23.3% COMPARED TO RESPECTIVE PERIOD OF PREVIOUS YEAR (Q2 2019:
EUR 72.4 MILLION)
    * FURTHER CREDIT LOSS PROVISIONING DUE TO COVID-19 PANDEMIC
WAS
NOT MADE IN Q2 2020

Source text for Eikon:  ID:nGNE38nYxL 
Further company coverage:  FRU.DE 

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