IS3 i synergy group limited
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News: IS3 I Synergy Says Cancelling All Its Signature Events Until Covid-19 Issue Has Totally...

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    26/03/20
    20:50
    Post #: 43720708

    March 26 (Reuters) - I Synergy Group Ltd (IS3) :

    • CANCELLING ALL ITS SIGNATURE EVENTS UNTIL COVID-19 ISSUE HAS TOTALLY SUBSIDED
    • PREDICTING REDUCTIONS IN SALES ORDERS TO FLOW THROUGH AND POTENTIALLY IMPACT REVENUE IN COMING MONTHS
    • FOR FIRST TWO MONTHS OF 2020, WRITTEN NEW AFFILIATE SALES ORDERS GROWTH WAS ABOUT 50%
    • BELIEVES THAT IT IS DIFFICULT TO PROVIDE GUIDANCE FOR FY20
    • CURRENTLY EVALUATING ITS OPERATING COST BASE AND WILL TAKE APPROPRIATE MEASURES TO REDUCE EXPENDITURE AS AN IMMEDIATE PRIORITY
    • SAYS PERFORMANCE OF AFFILIATE MARKETING PLATFORM IS IMPROVING AND ONLINE SALES CONTINUE TO GROW

    Source text: bit.ly/2y7OWvr

    (([email protected];))

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