Brief: Nurminen Logistics H2 Comp Operating Result Swings To Loss EUR 0.9 Mln

Nurminen Logistics Oyj

06/03/2020 11:06

March 6 (Reuters) - Nurminen Logistics Oyj  NLG1V.HE :
    * H2 NET SALES  EUR 34.9 MILLION VERSUS EUR 38.2 MILLION
YEAR AGO
    * DEMAND FOR FREIGHT FORWARDING SERVICES SLIGHTLY DECREASED
DURING
SECOND HALF OF 2019 AS VOLUMES OF INTERNATIONAL TRADE TO FINLAND
WERE IN DECLINE
    * H2 COMP OPERATING LOSS EUR 0.9 MILLION VERSUS PROFIT EUR
0.2
MILLION YEAR AGO
    * IT IS ESTIMATED BY COMPANY THAT ECONOMIC AND MARKET GROWTH
WILL
DEVELOP SLOWER YET REMAIN POSITIVE DURING FIRST HALF OF YEAR
2020
    * NO EARNINGS GUIDANCE IS GIVEN BY NURMINEN LOGISTICS FOR
YEAR
2020
    * DEMAND FOR FREIGHT AND FREIGHT SERVICES IS EXPECTED TO
DEVELOP
IN LINE WITH DEVELOPMENTS IN FOREIGN TRADE

Source text for Eikon:  ID:nWkr2qBSQd 
Further company coverage:  NLG1V.HE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))