Brief: Noho Partners Q2 EBIT Turns To Loss Of EUR 8.4 Million

NoHo Partners Oyj

11/08/2020 06:21

Aug 11 (Reuters) - NoHo Partners Oyj  NOHOP.HE :
    * REG-NOHO PARTNERS PLC HALF-YEAR REPORT 1 JAN–30 JUN 2020: THE SECOND QUARTER WAS DOMINATED
BY
THE CORONAVIRUS PANDEMIC: THE EXCEPTIONAL SITUATION WAS BROUGHT UNDER CONTROL THROUGH STRONG
MEASURES – DEMAND HAS RECOVERED BETTER THAN ANTICIPATED
    * Q2 TURNOVER EUR 19.0 MILLION VERSUS EUR 67.7 MILLION YEAR AGO
    * COMPANY WILL NOT SPECIFY ITS TURNOVER AND PROFITABILITY FORECAST FOR THIS YEAR DUE TO
UNCERTAIN
MARKET SITUATION.
    * Q2 EBIT FELL BY 200.6% TO MEUR -8.4 (MEUR 8.4).
    * WE ESTIMATE THAT OUR OPERATING CASH FLOW IN JULY WILL AMOUNT TO APPROXIMATELY MEUR 3.
    * WILL SPECIFY ITS PROFIT GUIDANCE FOR 2020 LATER THIS YEAR.

Source text for Eikon:  ID:nGNE6tv1JB 
Further company coverage:  NOHOP.HE 

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