Brief: Verkkokauppa.com Oyj Says Estimates 2020 Revenue To Be Between 525-550 Mln Euros

Verkkokauppa.com Oyj

24/09/2020 17:35

Sept 24 (Reuters) - Verkkokauppa.com Oyj  VERK.HE :
    * ISSUES A POSITIVE PROFIT WARNING AND UPGRADES ITS GUIDANCE
FOR
2020
    * ESTIMATES REVENUE TO BE BETWEEN 525-550 MILLION EUROS AND
COMPARABLE OPERATING PROFIT TO BE BETWEEN 17-21 MILLION EUROS
FOR 2020
    * UPGRADES ITS GUIDANCE FOR 2020 FOLLOWING BETTER THAN
EXPECTED
DEVELOPMENT IN Q3 AND IMPROVED OUTLOOK FOR REMAINDER OF YEAR
    * HIGH DEMAND IN MANY OF COMPANY'S KEY PRODUCT CATEGORIES IN
Q2
HAS NOT RESULTED IN A WEAKENED DEMAND IN THESE CATEGORIES IN Q3

Source text for Eikon:  ID:nGNE6zQJSS 
Further company coverage:  VERK.HE 

 ((Reuters.Briefs@thomsonreuters.com;))