March 19, 2020 / 2:27 PM / 12 days ago

BRIEF-ALM. Brand Financial Forecast For 2020 Earnings Affected By Covid-19

March 19 (Reuters) - ALM. Brand A/S:

* STABLE UNDERLYING EARNINGS DEVELOPMENT – RETURN ON INVESTMENTS HIT BY DEVELOPMENT ON FINANCIAL MARKETS

* FINANCIAL FORECAST FOR 2020 EARNINGS AFFECTED BY COVID-19

* ALM. BRAND CHANGES EXPECTATIONS FOR PROFIT BEFORE TAX FOR YEAR

* UPDATES GUIDANCE FOR PRE-TAX PROFIT IN 2020 TO DKK 550-700 MILLION AGAINST PREVIOUS GUIDANCE OF DKK 650-700 MILLION

* FINANCIAL TARGETS FOR 2022 ARE NOT AFFECTED BY CURRENT DEVELOPMENT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below