INTERIM FINANCIAL REPORT JANUARY – MARCH 2020

FOCUS ON FINANCIAL ENDURANCE
FIRST QUARTER 2020Net sales totalled MSEK 14.4 (13.1), an increase of MSEK 1.3 / 10 %EBITDA was MSEK -4.3 (-3.5), a deterioration with MSEK 0.8Operating profit/loss was MSEK -6.2 (-4.9), a deterioration with MSEK 1.3Profit/loss after tax was MSEK -4.9 (-3.8), a deterioration with MSEK 1.1Earnings per share amounted to SEK -0.15 (-0.17)

SIGNIFICANT EVENTS DURING THE QUARTERAxfood choses Westpay as provider of payment solutionsOrder from Max Burgers, value MSEK 3Peter Eklund strengthens Westpay Sales as Head of RetailWestpay enters partnership with SverigekassanSIGNIFICANT EVENTS AFTER THE END OF THE QUARTERShort term work allowance implemented from 1 AprilPontus Bohlin new COO at Westpay#tabetalt – Release of mobile payment solution to support restaurants suffering from Corona impact
For additional information, please contact:Sten Karlsson, CEO Westpay AB
Mobile: +46 70-555 6065
Email: sten.karlsson@westpay.seHans Edin, CCO Westpay AB
Mobile: +46 70-688 02 05
Email: hans.edin@westpay.seWestpay’s Certified Adviser is Erik Penser Bank, phone: +46 8-463 80 00, email: certifiedadviser@penser.seThis press release contains such information that Westpay AB is required to publish in accordance with the EU Market Abuse Regulation. The information was published for public disclosure on 5 May 2020 at 08:40 CEST through the agency of the contact person set out above. AttachmentsPress release_20200505_Interim_report_Westpay_1Q20Interim report Westpay Jan – Mar 2020