Brief: Jays And Megafon Russia Sign Agreement With Initial Order Value Of SEK 11.1 Mln

Northbaze AB

07/02/2019 12:36

Feb 7 (Reuters) - Jays Group AB  JAYS.ST :
    * REG-JAYS AND MEGAFON RUSSIA SIGN AN AGREEMENT WITH AN
INITIAL
ORDER VALUE OF 11.1 MSEK
    * INITIAL ORDER VALUE IS 11.1 MSEK.
    * JAYS HEADPHONES WILL PROVIDE PRODUCTS TO A NATIONAL
CAMPAIGN
DURING Q2 2019
    * IT WILL AFFECT TURNOVER AND EARNINGS POSITIVELY DURING Q2
2019.
    * JAYS WILL HAVE A POSITIVE CASH FLOW FROM RECEIPT OF ORDER
IN Q1
2019 TO FINAL DELIVERY DURING Q2 2019.

Source text for Eikon:  ID:nGNE9BsBBJ 
Further company coverage:  JAYS.ST 

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