March 18, 2020 / 7:07 AM / 10 days ago

BRIEF-MLP Group FY Net Profit Up At 129.4 Mln Zlotys

March 18 (Reuters) - MLP Group SA:

* REPORTED ON TUESDAY FY NET PROFIT 129.4 MILLION ZLOTYS VERSUS 92.4 MILLION ZLOTYS YEAR AGO

* FY REVENUE 140.0 MILLION ZLOTYS VERSUS 141.5 MILLION ZLOTYS YEAR AGO

* FY OPERATING PROFIT 180.0 MILLION ZLOTYS VERSUS 151.1 MILLION ZLOTYS YEAR AGO

* CURRENTLY SEES NO DIRECT IMPACT OF CORONAVIRUS EPIDEMIC ON THE COMPANY’S ACTIVITIES

* SAYS IN MID AND LONG-TERM PERSPECTIVE EPIDEMIC WILL GREATLY INCREASE DEMAND FOR STORAGE SPACE DUE TO SHARP INCREASE IN E-COMMERCE SALES, THOUGH LOGISTICS DISRUPTIONS ARE POSSIBLE

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Further company coverage: (Gdansk Newsroom)

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