Market update: an assessment of Nustay’s performance in the context of the global Coronavirus outbreak
Nustay A/S (“Nustay”) is today updating the market on the Company’s performance since the onset of the Coronavirus outbreak December 2019. As previously communicated (see press release dated March 4th announcing the rights issue), Nustay has seen a positive trendline across activities as well as in profitability over the past months and a strong growth in sales (handled revenue) totalling to more than 46 MDKK in just the first two months of 2020. Based on these results, it is the Board of Directors’ and Management’s current opinion that Nustay, in all material aspects, has not been impacted