Brief: Pihlajalinna Q1 Adjusted EBIT Up At EUR 4.2 Mln

Pihlajalinna Oyj

08/05/2020 06:08

May 8 (Reuters) - Pihlajalinna Oyj  PIHLIS.HE :
    * PIHLAJALINNA INTERIM REPORT 1 JANUARY-31 MARCH 2020 (3
MONTHS)
    * Q1 REVENUE EUR 133.0 MILLION VERSUS EUR 132.5 MILLION YEAR
AGO
    * Q1 ADJUSTED EBIT EUR 4.2 MILLION VERSUS EUR 3.9 MILLION
YEAR AGO
    * VOLUNTARY TENDER OFFER BY MEHILÄINEN YHTIÖT OY IS EXPECTED
TO BE
COMPLETED DURING Q3 OF 2020 AT LATEST.
    * ESTIMATES THAT IT WILL ISSUE AN UPDATED OUTLOOK FOR 2020
LATER
THIS YEAR.
    * DURING FIRST MONTHS OF YEAR, PIHLAJALINNA'S REVENUE AND
PROFITABILITY DEVELOPED IN EXPECTED MANNER.
    * IT IS EXPECTED THAT MORE THAN HALF OF PIHLAJALINNA'S
BUSINESS
OPERATIONS WILL REMAIN STABLE IN SPITE OF CORONAVIRUS EPIDEMIC.

Source text for Eikon:  ID:nWkr6T8X4w 
Further company coverage:  PIHLIS.HE 

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