Brief: Valoe Q2 EBIT Loss Narrows To EUR 0.3 Mln

Valoe Oyj

25/08/2021 13:13

Aug 25 (Reuters) - Valoe Oyj  VALOE.HE :
    * H1 DILUTED LOSS PER SHARE 0.01 EUR VERSUS 0.02 EUR LOSS
YEAR AGO
    * H1 LOSS PER SHARE 0.01 EUR VERSUS 0.02 EUR LOSS YEAR AGO
    * REG-VALOE CORPORATION’S HALF-YEAR FINANCIAL REPORT 1
JANUARY –
30 JUNE 2021
    * IN APRIL-JUNE 2021, NET SALES OF VALOE GROUP, UNDER IFRS
STANDARDS, INCREASED BY ABOUT 124 PER CENT COMPARED TO
CORRESPONDING PERIOD IN 2020.
    * Q2 EBIT WAS EUR -0.3 MILLION (EUR -0.6 MILLION)
    * VALOE'S NET SALES FOR FINANCIAL YEAR 2021 WILL CLEARLY
INCREASE
COMPARED TO PREVIOUS YEAR
    * RESULT FOR FINANCIAL YEAR WILL ALSO IMPROVE, BUT EBITDA
WILL BE
NEGATIVE ON AN ANNUAL BASIS
    * THERE IS CURRENTLY A GREAT DEAL OF UNCERTAINTY ABOUT
FUTURE DUE
TO UNPREDICTABILITY OF COVID-19 PANDEMIC AND RELATED CHANGES IN
WORLD TRADE.

Source text for Eikon:  ID:nGNEbqyHk7 
Further company coverage:  VALOE.HE 

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