Brief: Noho Partners Q1 EBIT Loss Widens To EUR 9.7 Mln

NoHo Partners Oyj

11/05/2021 06:20

May 11 (Reuters) - NoHo Partners Oyj  NOHOP.HE :
    * Q1 LOSS PER SHARE 0.45 EUR
    * Q1 EBIT FELL BY 47.5% TO MEUR -9.7 (MEUR -6.6)
    * Q1 TURNOVER DECLINED BY 59.8% TO MEUR 20.2 (MEUR 50.1).
    * Q1 RESULT FOR FINANCIAL PERIOD WAS MEUR -10.8 (MEUR -8.9),
A
DECREASE OF 21.5%
    * COMPANY WILL NOT ISSUE A TURNOVER AND PROFITABILITY
FORECAST FOR
2021 DUE TO UNCERTAIN MARKET SITUATION
    * BASED ON CURRENT ESTIMATE OF LIFTING OF RESTRICTIONS,
TURNOVER
IN MAY 2021 IS EXPECTED TO DOUBLE COMPARED TO APRIL
    * PROFIT GUIDANCE FOR 2021 WILL BE UPDATED WHEN VISIBILITY
IS
IMPROVED AND OVERALL IMPACT OF COVID-19 PANDEMIC ON OPERATING
ENVIRONMENT AND GROUP'S BUSINESS CAN BE ASSESSED MORE ACCURATELY

Source text for Eikon:  ID:nGNE5z0bNm 
Further company coverage:  NOHOP.HE 

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