Brief: Panostaja Q2 EBIT Down At EUR 1.0 Mln

Panostaja Oyj

04/06/2020 08:21

June 4 (Reuters) - Panostaja Oyj  PNA1V.HE :
    * REG-PANOSTAJA OYJ´S HALF YEAR FINANCIAL REPORT NOVEMBER 1,
2019-APRIL 30, 2020
    * Q2 NET SALES EUR 41.2 MILLION VERSUS EUR 47.2 MILLION YEAR
AGO
    * H1 EBIT EUR 0.5 MILLION VERSUS  EUR 2.1 MILLION YEAR AGO
    * Q2 EBIT DECLINED TO EUR 1.0 MILLION FROM EUR 1.9 MILLION
YEAR
AGO
    * RECOGNIZED DEPRECIATION RISK WITH REGARD TO CERTAIN
SEGMENTS AND
PREPARED ESTIMATES ON THEIR FUTURE PROSPECTS
    * ONSET OF CORONAVIRUS PANDEMIC AND MEASURES IMPLEMENTED TO
CURB
IT ARE AFFECTING MARKETS IN WHICH PANOSTAJA OYJ'S SEGMENTS
OPERATE
    * AT MOMENT, IT IS IMPOSSIBLE TO DETERMINE FULL EXTENT OF
FINANCIAL EFFECTS

Source text for Eikon:  ID:nGNE5rWNkb 
Further company coverage:  PNA1V.HE 

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