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OLVAS - Olvi Oyj News Story

€44.8 0.4  0.9%

Last Trade - 14/08/20

Sector
Consumer Defensives
Size
Mid Cap
Market Cap £831.5m
Enterprise Value £826.1m
Revenue £376.4m
Position in Universe 316th / 1792

BRIEF-Olvi PLC Withdraws Earnings Guidance For 2020

Thu 30th April, 2020 7:05am
April 30 (Reuters) - Olvi Oyj  OLVAS.HE :
    * OLVI PLC WITHDRAWS ITS EARNINGS GUIDANCE FOR 2020 DUE TO
THE
ECONOMIC UNCERTAINTY CAUSED BY THE CORONA PANDEMIC
    * AUTHORITIES HAVE CLOSED DOWN A NUMBER OF SALES CHANNELS IN
MANY
OF OLVI'S MAIN MARKET AREAS
    * CHALLENGE ON PREDICTING DEVELOPMENT OF PROFITABILITY
PARTICULARLY WITHIN NEXT FEW MONTHS
    * WITHDRAWS ITS EARNINGS GUIDANCE FOR 2020

Source text for Eikon:  ID:nGNE7QrHk8 
Further company coverage:  OLVAS.HE 

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