Announcement Variation
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Profit/Loss Warning
Demetra Holdings Plc
DEM - Demetra Holdings Plc
Profit/Loss Warning

ΑNNOUNCEMENT

 In order to better inform shareholders and investors in general, Demetra Holdings Plc (the "Company") announces that, based on the indications to date, the Group is expected to register a loss in the first half of 2020 compared to the profit of the corresponding period of 2019. The loss mainly derives from the Company's investments in securities listed on the Cyprus Stock Exchange which have been negatively affected during this period by the outbreak of COVID-19.

The above prediction does not include the profits or losses  for the second quarter of 2020 attributable to the Company from the share it holds in Hellenic Bank since the said information is not available. The inclusion of the results of Hellenic Bank in the Group's results may possibly change the above prediction.

 

Yours,

Costas Pafitis

CFO

Regulated
Filing Date: 01/07/2020 10:34

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