Brief: Oxe Marine Q2 Preliminary Net Turnover Down At SEK 21.8 Mln

Oxe Marine AB

20/07/2020 10:03

July 20 (Reuters) - Oxe Marine AB  OXEMA.ST :
    * Q2 2020 PRELIMINARY RESULTS AND BUSINESS UPDATE
    * Q2 PRELIM NET TURNOVER OF SEK 21.8M (SEK 24.2M)
    * PRELIM Q2 OPERATING LOSS/EBIT OF SEK -12.2M (SEK -19.4M)
    * DESPITE COVID-19 CRISIS, YEAR TO DATE NET TURNOVER IS
AHEAD OF
PRIOR YEAR COMPARISON
    * REMAINS CONFIDENT IN MEETING ITS FINANCIAL TARGET OF
ACHIEVING
ORGANIC SALES GROWTH IN EXCESS OF 50% PER YEAR FOR 2020
    * Q2 PRELIM RESULT FOR PERIOD OF SEK -14.3M (SEK -22.5M)

Source text for Eikon:  ID:nWkr5VlXFq 
Further company coverage:  OXEMA.ST 

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