Brief: Vitec Jan-March EBITA Up At SEK 65 Mln

Vitec Software AB (publ)

17/04/2020 07:04

April 17 (Reuters) - Vitec Software Group AB (publ)
 VITb.ST :
    * SUMMARY OF INTERIM PERIOD, JAN-MAR 2020
    * JAN-MARCH EBITA WAS SEK 65 MILLION (59), WITH AN EBITA
MARGIN OF
21% (21)
    * JAN-MARCH NET SALES SEK 309 MILLION (279)
    * JAN-MARCH OPERATING PROFIT SEK 32 MILLION VERSUS SEK 36
MILLION
YEAR AGO
    * IF LOCKDOWN OF SOCIETY BECOMES PROLONGED, WE EXPECT AN
IMPACT ON
SERVICE REVENUE AND VARIABLE PORTION OF RECURRING "UNIT-BASED"
REVENUES

Source text for Eikon:  ID:nWkr3htZ7Z 
Further company coverage:  VITb.ST 

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