Brief: Qliro Group Q2 Operating Profit Falls To SEK 7.5 Million

Nelly AB (publ)

15/07/2020 07:08

July 15 (Reuters) - Qliro Group AB (publ)  QLRO.ST :
    * Q2 NET SALES SEK 683.9 MILLION VERSUS SEK 723.8 MILLION
YEAR AGO
    * Q2 OPERATING PROFIT SEK 7.5 MILLION VERSUS SEK 31.5
MILLION YEAR
AGO
    * IS WORKING TO SPLIT GROUP INTO THREE SEPARATELY LISTED
COMPANIES
AS SOON AS POSSIBLE
    * DID NOT EXPERIENCE ANY IMPAIRED ABILITY TO PAY FROM ITS
CONSUMERS.
    * INCREASED PROVISIONS FOR FUTURE CREDIT LOSSES IN
ACCORDANCE WITH
IFRS 9 BECAUSE OF COVID-19

Source text for Eikon:  ID:nWkr4dYB19 
Further company coverage:  QLRO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))