Brief: Resurs Holding Q3 Operating Income Down At SEK 908 Mln

Resurs Holding AB (publ)

27/10/2020 06:36

Oct 27 (Reuters) - Resurs Holding AB (publ)  RESURS.ST :
    * RESURS HOLDING INTERIM REPORT JANUARY-SEPTEMBER 2020
    * Q3 OPERATING INCOME FELL 2% TO SEK 908 MILLION
    * Q3 OPERATING PROFIT FELL 8% TO SEK 380 MILLION
    * CREDIT LOSS RATIO FOR Q3 WAS 2.5 PER CENT, WHICH WAS IN
LINE
WITH Q2 OF 2020
    * TO DATE, WE HAVE NOT SEEN ANY SIGNS THAT OUR CUSTOMERS'
PAYMENT
PATTERNS HAVE BEEN IMPACTED BY COVID-19
    * AS WE EXPECT IT WILL TAKE SOME TIME BEFORE WE CAN FULLY
SURVEY
EFFECTS OF PANDEMIC
    * EXTRA CREDIT PROVISION OF SEK 75 MILLION WE MADE IN Q1 OF
YEAR
WILL REMAIN

Source text for Eikon:  ID:nWkr64yL8b 
Further company coverage:  RESURS.ST 

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