Brief: Zinzino Q1 Adjusted EBITDA At SEK 4.1 Mln

Zinzino AB

14/05/2020 07:13

May 14 (Reuters) - Zinzino AB  ZZb.ST :
    * Q1 TOTAL REVENUES INCREASING WITH 44% TO SEK 242.1 (168.3)
MILLION IN Q1 DESPITE OUTBREAK OF GLOBAL COVID-19 PANDEMIC.
    * Q1 ADJUSTED EBITDA WAS SEK 4.1 MILLION AND ADJUSTED EBITDA
MARGIN WAS 1.7%
    * PROPOSAL FOR A DIVIDEND FOR PAST FINANCIAL YEAR REMAINS
UNCHANGED
    * BOARD MAINTAINS FORECAST THAT TOTAL REVENUES ARE EXPECTED
TO
EXCEED SEK 1,000 (771) MILLION WITH EBITDA MARGIN EXCEEDING 4.5%
    * NOTES THAT UNCERTAINTY HAS INCREASED DUE TO COVID-19 AND
VOLATILE EXCHANGE RATE CHANGES

Source text for Eikon:  ID:nWkr7ls7T1 
Further company coverage:  ZZb.ST 

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