May 13, 2020 / 5:08 AM / 20 days ago

BRIEF-Mobilezone Germany Consolidates Indirect Sales Under New Brand Mobilezone Handel

May 13 (Reuters) - MOBILEZONE HOLDING AG:

* MOBILEZONE GERMANY CONSOLIDATES INDIRECT SALES UNDER NEW BRAND MOBILEZONE HANDEL

* CONSOLIDATION OF COMMERCIAL BUSINESS WILL RESULT IN RESTRUCTURING COSTS OF AROUND EUR 6 MILLION, WHICH WILL HAVE A ONE-OFF IMPACT ON 2020 EBIT

* LOCKDOWN CAUSED BY COVID-19 HAS HAD A SIGNIFICANT IMPACT ON OPERATING RESULTS OF MOBILEZONE GROUP FOR FIRST HALF OF 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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