Brief: Skano Group Q2 Net Loss At Eur 300 Thousand

Nordic Fibreboard AS

30/08/2019 12:10

Aug 30 (Reuters) - Skano Group AS  SKN1T.TL :
    * SAYS CONSOLIDATED NET SALES FOR Q2 2019 WERE EUR 3.88
MILLION,
BEING A 2% DECREASE COMPARED TO SAME PERIOD IN 2018
    * Q2 RECORDED EBITDA OF NEGATIVE EUR 67 THOUSAND VERSUS
POSITIVE
EUR 237 THOUSAND YEAR AGO
    * SAYS Q2 NET LOSS EUR 300 THOUSAND VERSUS LOSS EUR 14
THOUSANDS
YEAR AGO
    * SAYS ON 30TH OF JUNE 2019, GROUP EMPLOYED 195 PEOPLE
(COMPARED
TO 214 PEOPLE AS OF 30.06.2018)
    * SAYS SKANO FURNITURE OÜ MANAGEMENT DECIDED TO END LATVIAN
AND
LITHUANIAN SHOP OPERATIONS BY CLOSING DURING COMING MONTHS
RESPECTIVE SHOPS IN RIGA AND VILNIUS

Source text for Eikon:  ID:nGNE6W27vW 
Further company coverage:  SKN1T.TL 

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