Brief: Qliro Group Sets New Financial Targets

Nelly AB (publ)

18/10/2018 18:31

Oct 18 (Reuters) - 
    * QLIRO GROUP SETS NEW FINANCIAL TARGETS
    * QLIRO GROUP SAYS QLIRO FINANCIAL SERVICES TARGETS TO
ACHIEVE AN
OPERATING INCOME BEFORE DEPRECIATION AND AMORTIZATION OF SEK 100
 MILLION - 125 MILLION IN 2019
    * QLIRO GROUP AB -ESTIMATE THAT OPERATING INCOME BEFORE
DEPRECIATION AND AMORTIZATION WILL BE POSITIVE FOR FULL YEAR
2019 FOR CDON MARKETPLACE
    * QLIRO- 2019 VOLUMES TO BE NEGATIVELY AFFECTED BY CDON
MARKETPLACE PHASING OUT SALES FROM OWN INVENTORY AS PART OF ITS
TRANSFORMATION TO MARKETPLACE

Source text for Eikon:  ID:nWkrc8g0x5 
Further company coverage:  QLRO.ST 

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