Skip to main content

NoHo Partners publishes an investor Q&A page concerning the impacts of the coronavirus on the company’s business

Written by Customer Service on . Posted in Public Companies.

NoHo Partners PlcINVESTOR NEWS 3 April 2020 at 18:00NoHo Partners publishes an investor Q&A page concerning the impacts of the coronavirus on the company’s businessOnce the impact of the COVID-19 crisis became apparent, the company reacted immediately by starting adjustment measures and preparing for the changed market conditions. The company informed about negotiations in accordance with the Act on Cooperation within Undertakings on 13 March 2020 and about the rapid progress of the negotiations on 18 March 2020. Furthermore, the company announced on 26 March 2020 that it was engaged in funding negotiations with its current funders for the duration of the state of emergency. The completion of the funding negotiations and agreement on a funding package of EUR 34 million were announced on 3 April 2020.The company aims to respond to the situation in which investors’ need for information is emphasised as much as possible by ensuring up to date and open investor communications.“Our industry and company have been hit hard by the coronavirus. We will be communicating in real time and transparently to the market throughout the spring, and in order to serve investors in the best way possible, we have also decided to publish the most frequent questions and answers on our website,” says Aku Vikström, CEO of NoHo Partners.The company will publish the most recent information about the impacts of the coronavirus on its business and its measures to respond to them centrally on its Q&A pages. The pages will be updated continuously, and the latest information will be included in the answers.The Q&A page is available at: https://www.noho.fi/en/investors/investor-qaMore information is available from:
Aku Vikström, CEO, NoHo Partners Plc, tel. +358 50 524 9445
Jarno Suominen, Deputy CEO, NoHo Partners Plc, tel. +358 40 721 5655Distribution:
Nasdaq Helsinki
Major media
www.noho.fiNoHo Partners Plc is a Finnish group established in 1996, specialising in restaurant services. The company, which was listed on NASDAQ Helsinki in 2013 and became the first Finnish listed restaurant company, has continued to grow strongly throughout its history. The Group companies include some 250 restaurants in Finland, Denmark and Norway. Well-known restaurant concepts of the company include Elite, Savoy, Teatteri, Yes Yes Yes, Stefan’s Steakhouse, Palace, Löyly, Hanko Sushi and Cock’s & Cows. In 2019, NoHo Partners Plc’s turnover was MEUR 272.8 and EBIT MEUR 30.6. Depending on the season, the Group employs approximately 2,100 people converted into full-time workers.NoHo Partners corporate website: www.noho.fi
NoHo Partners consumer website: www.ravintola.fi

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.