Brief: Wonderful Times Group Provides Q1 Update

Wonderful Times AB

20/04/2020 08:20

April 20 (Reuters) - Wonderful Times Group AB  WTGR.TE :
    * WITH PRELIM Q1 NUMBERS WE CAN SEE REVENUE AND RESULT WILL
BE
SLIGHTLY BETTER THAN WE EXPECTED IN LAST UPDATE
    * Q1 SALES ARE 2% LOWER, WHILE PRETAX RESULT IS MARGINALLY
IMPROVED
    * CHANGES DIVIDEND PROPOSAL AND NOW PROPOSES NO DIVIDEND FOR
2019
    * MAKES NO FORECAST FOR Q2 BUT SAYS EXPECTS SIGNIFICANTLY
LOWER
SALES IN Q2 THAN IN Q1 AND YEAR AGO

Source text for Eikon:  ID:nWkrrBFnN 
Further company coverage:  WTGR.TE 

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