Cabonline preliminary financial results Q1 2020
Due to changing market conditions following the global outbreak of Covid-19, Cabonline Group Holding AB (publ) ("Cabonline") hereby provides a trading update on first quarter 2020 earnings. A company presentation will be held via video link on Monday, May 4, 2020.Preliminary financials for Q1 2020 (Q1 2019 for comparison) · Revenue amounted to MSEK 1,410 (1,499), a decrease of 6 percent · Adjusted EBITDA amounted to MSEK 71 (85), corresponding to an EBITDA margin of 5.0 percent (5.7) · Adjusted EBITA amounted to MSEK 44 (61), corresponding to an EBITA margin of 3.1 percent (4.1)