INTERIM FINANCIAL REPORT JANUARY - MARCH 2020
FOCUS ON FINANCIAL ENDURANCE
FIRST QUARTER 2020
- Net sales totalled MSEK 14.4 (13.1), an increase of MSEK 1.3 / 10 %
- EBITDA was MSEK -4.3 (-3.5), a deterioration with MSEK 0.8
- Operating profit/loss was MSEK -6.2 (-4.9), a deterioration with MSEK 1.3
- Profit/loss after tax was MSEK -4.9 (-3.8), a deterioration with MSEK 1.1
- Earnings per share amounted to SEK -0.15 (-0.17)
| Jan-Mar 2020 | Jan-Mar 2019 | Jan-Dec 2019 | |
| Net sales, kSEK | 14 434 | 13 139 | 58 639 |
| EBITDA, kSEK | -4 280 | -3 486 | -20 823 |
| Operating profit/loss, kSEK | -6 232 | -4 895 | -27 336 |
| Profit/loss for the period, kSEK | -4 946 | -3 807 | -23 662 |
| Result per share, SEK | -0,15 | -0,17 | -0,70 |
SIGNIFICANT EVENTS DURING THE QUARTER
- Axfood choses Westpay as provider of payment solutions
- Order from Max Burgers, value MSEK 3
- Peter Eklund strengthens Westpay Sales as Head of Retail
- Westpay enters partnership with Sverigekassan
SIGNIFICANT EVENTS AFTER THE END OF THE QUARTER
- Short term work allowance implemented from 1 April
- Pontus Bohlin new COO at Westpay
- #tabetalt – Release of mobile payment solution to support restaurants suffering from Corona impact
For additional information, please contact:
Sten Karlsson, CEO Westpay AB
Mobile:
Email:
Hans Edin, CCO Westpay AB
Mobile: 5
Email:
Westpay’s Certified Adviser is Erik Penser Bank, phone: , email:
This press release contains such information that Westpay AB is required to publish in accordance with the EU Market Abuse Regulation. The information was published for public disclosure on 5 May 2020 at 08:40 CEST through the agency of the contact person set out above.
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