Brief: Verkkokauppa.com Q2 Operating Proft Rises To EUR 4.4 Mln

Verkkokauppa.com Oyj

24/07/2020 06:03

July 24 (Reuters) - Verkkokauppa.com Oyj  VERK.HE :
    * REG-VERKKOKAUPPA.COM'S HALF-YEAR REPORT FOR 1 JANUARY – 30
JUNE
2020: STRONG SALES AND RECORD PROFIT IN AN EXCEPTIONAL
ENVIRONMENT
    * Q2 REVENUE EUR 123 MILLION VERSUS EUR 108 MILLION YEAR AGO
    * Q2 OPERATING PROFT EUR 4.4 MILLION VERSUS EUR 0.2 MILLION
YEAR
AGO
    * BOARD OF DIRECTORS HAS RESOLVED TO PAY A QUARTERLY
DIVIDEND OF
0.054 EUROS PER SHARE AFTER REPORTING PERIOD
    * VERKKOKAUPPA.COM OYJ'S BUSINESS OPERATIONS ARE ESTIMATED
TO
DEVELOP POSITIVELY WITHIN A MEDIUM-TERM TIME FRAME
    * BELIEVES THAT IMPACT OF COVID-19 PANDEMIC ON DEMAND MAY
NOT BE
AS LARGE AS PREVIOUSLY ANTICIPATED
    * BELIEVES CONSUMER DEMAND MAY CONTINUE OR NOT SIGNIFICANTLY
DECREASE DURING SECOND HALF OF YEAR
    * COMPANY EXPECTS SECOND HALF OF YEAR TO POSSIBLY BE MORE
CHALLENGING AND UNPREDICTABLE

Source text for Eikon:  ID:nGNE7Mc16l 
Further company coverage:  VERK.HE 

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