MALMÖ, Sweden, Oct. 7, 2020 /PRNewswire/ -- The restrictions
in different countries that has been implemented due to the
COVID-19 pandemic has a strong impact on Duni Group's sales and
result. The sales were halved during the lock-down in April but
successively recovered as more and more countries in Europe opened society again.
This development has continued during the third quarter where we
have experienced a continued positive recovery from a 18% decrease
in June to around 7% decrease in the third quarter. Sales in the
quarter amounts to approximately SEK
1 250 m (1 377). Increased
sales, improved cost absorption in production and strong cost
control lead to a positive operating income. The operating income
is estimated to approximately SEK 110
m (130).
Sales development is directly affected by the development of the
pandemic and the restrictions it carries and thereby uncertainty
for the winter is continually high.
The final results for the third quarter will be published on
22 October 2020 at 07:45 CET. A telephone conference will be
held at 10:00 with acting CEO and CFO, Mats
Lindroth.
Additional information is provided by:
Mats Lindroth
acting CEO and CFO
+46 40 106200
E-Mail: mats.lindroth@duni.com
Duni Group is a market leader in attractive, sustainable and
convenient products for table setting and take-away. The Group
markets and sells two brands, Duni and BioPak, which are
represented in more than 40 markets. Duni has some 2,400 employees
in 24 countries, headquarters in Malmö and production units in
Sweden, Germany, Poland, New
Zealand and Thailand. Duni
is listed on NASDAQ Stockholm under the ticker name "DUNI".
ISIN-code is SE 0000616716. This information is information that
Duni AB is obligated to make public pursuant to the EU Market Abuse
Regulation. The information was submitted for publication, through
the agency of the contact person set out above, at
11:00 am CET on October 7,
2020. Duni.com
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The following files are available for download:
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https://mb.cision.com/Main/295/3211905/1316032.pdf
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Duni Group's sales
development and preliminary result for the third quarter
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https://news.cision.com/duni-ab/i/sustainability-korallskog-22x8cm,c2836106
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Sustainability
korallskog 22x8cm
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