Brief: Wonderful Times Group Q2 EBITDA Up At SEK 1.3 MLN

Wonderful Times AB

31/08/2020 06:37

Aug 31 (Reuters) - Wonderful Times Group AB  WTGR.TE :
    * SAID ON FRIDAY Q2 SALES SEK 15.8 MLN VS SEK 19.7 MLN YR
AGO
    * Q2 EBITDA SEK 1.3 MLN VS SEK 1.1 MLN YR AGO
    * Q2 PROFIT AFTER TAX SEK 0.5 MLN VS SEK 0.2 MLN YR AGO
    * GROSS MARGIN DETERIORATED DURING Q2 AS A CONSEQUENCE OF
BOTH
INVENTORY OBSOLESCENCE DUE TO LOST SALES AND CURRENCY HEADWINDS
    * THE RESULT DURING Q2 HAS, DESPITE THE LOSS OF SALES, BEEN
ABLE
TO BE KEPT AT AN ACCEPTABLE LEVEL

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nWkr6jZFqP
    
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