AS Ekspress Grupp: Audited annual report 2019

On 31 stMarch 2020 the Supervisory Board of AS Ekspress Grupp approved the annual report 2019.The financial results for 2019 remain unchanged compared to the preliminary disclosure on 28 thFebruary 2020. AS Eskpress Grupp audited annual report for 2019 is made available on NASDAQ Tallinn and AS Ekspress Grupp website egrupp.eeOn 18 thMarch 2020 the Group released company announcment on the impact of coronavirus (COVID-19) on the activities of AS Ekspress Grupp. The impact on...

Tallinn, 01/04/2020 (informazione.news - comunicati stampa - editoria e media)

On 31 March 2020 the Supervisory Board of AS Ekspress Grupp approved the annual report 2019.

The financial results for 2019 remain unchanged compared to the preliminary disclosure on 28 February 2020. AS Eskpress Grupp audited annual report for 2019 is made available on NASDAQ Tallinn and AS Ekspress Grupp website egrupp.ee

On 18 March 2020 the Group released company announcment on the impact of coronavirus (COVID-19) on the activities of AS Ekspress Grupp. The impact on the Group's activities will be significant. Group's management continues to analyze different scenarios and possibilities for cost reductions and other measures to manage financial impact. The Group has started temporary reductions of the salaries in our subsidiaries and in the parent company.

At the moment it is not yet possible to assess how much this will affect the company's economic results. We will inform the market participants in a separate notice of the changed conditions and circumstances.

Signe Kukin
Group CFO
AS Ekspress Grupp
Phone: +372 669 8381
E-mail: signe.kukin@egrupp.ee

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