Brief: Qliro Q4 Operating Result Before Depreciation, Amortization And Impairment Turns To Loss Of SEK 14.3 Million

Nelly AB (publ)

05/02/2020 07:09

Feb 5 (Reuters) - Qliro Group AB (publ)  QLRO.ST :
    * YEAR-END REPORT 2019
    * QLIRO GROUP AB (PUBL) - Q4 NET SALES AMOUNTED TO SEK 919.2
(1,047.0) MILLION
    * QLIRO GROUP AB (PUBL) - QLIRO AB'S Q4  OPERATING PROFIT
BEFORE
DEPRECIATION, AMORTIZATION AND IMPAIRMENT AMOUNTED TO SEK -14.3
(2.8) MILLION
    * QLIRO GROUP AB (PUBL) - OUR ASSESSMENT FOR 2020 IS THAT
NET
SALES WILL INCREASE, BUT NOT IN LINE WITH TARGET AND THAT
OPERATING MARGIN BEFORE DEPRECIATION, AMORTIZATION AND
IMPAIRMENT WILL BE 2-4 PERCENT.
    * QLIRO GROUP AB (PUBL) - QLIRO GROUP WILL REMAIN LISTED AND
WILL
RUN REMAINING BUSINESS, WHICH IN CURRENT PLAN WILL BE NELLY
    * QLIRO GROUP AB (PUBL) - IN CONNECTION WITH THIS, QLIRO
GROUP
PLANS TO CHANGE ITS NAME TO NELLY GROUP.

Source text for Eikon:  ID:nWkr61TDsP 
Further company coverage:  QLRO.ST 

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