Brief: Snaige Q1 Net Loss Widens To EUR 1.0 Million

Snaige AB

27/05/2022 15:34

May 27 (Reuters) - Snaige AB  SNG1L.VL :
    * Q1 SALES EUR 5.6 MILLION VERSUS EUR 7.0 MILLION YEAR AGO
    * Q1 NET LOSS EUR 1.0 MILLION VERSUS LOSS OF EUR 0.2 MILLION
YEAR
AGO
    * RESULTS OF Q1 WERE DIRECTLY AND INDIRECTLY AFFECTED BY THE
WAR
IN UKRAINE WHICH IS ONE OF MOST IMPORTANT MARKETS OF THE CO
    * INCREASED COST OF RAW MATERIALS TRANSPORT AND ENERGY
RESOURCES
ALSO HAD A SIGNIFICANT IMPACT ON THE CO'S NEGATIVE RESULTS

Source text:  ID:nGNE4FNqqS 
Further company coverage:  SNG1L.VL 

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