Brief: Oriola Q2 Adjusted EBIT Swings To Loss EUR -0.3 Mln

Oriola Oyj

17/07/2020 06:37

July 17 (Reuters) - Oriola Oyj  OKDBV.HE :
    * ORIOLA CORPORATION'S HALF YEAR FINANCIAL REPORT 1
JANUARY-30
JUNE 2020
    * Q2 NET SALES EUR 435.8 MILLION VERSUS EUR 448.5 MILLION
YEAR AGO
    * Q2 ADJUSTED EBIT WAS EUR -0.3 (5.6) MILLION
    * BUSINESS OUTLOOK FOR 2020: ADJUSTED EBIT ON A CONSTANT
CURRENCY
BASIS IS ESTIMATED TO INCREASE FROM 2019 LEVEL
    * DUE TO COVID-19 PANDEMIC, RESTRICTIONS ON CITIZENS'
MOBILITY AND
SLOW-DOWN OF HEALTHCARE SERVICES, MARKET DEMAND DECLINED AND
ORIOLA'S RESULT TURNED NEGATIVE IN Q2 OF 2020

Source text for Eikon:  ID:nWkr57J4NZ 
Further company coverage:  OKDBV.HE 

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