Brief: UET Makes Assessment Of Coronavirus Impact On Business Development

aconnic AG

25/02/2020 12:28

Feb 25 (Reuters) - UET UNITED ELECTRONIC TECHNOLOGY AG
 CFCG.DE :
    * FORECAST GROWTH POTENTIALLY LOWER THAN EXPECTED
    * PRODUCTION GUARANTEED AT OWN LOCATION IN GERMANY
    * IT IS EXPECTED THAT INCREASING SPREAD OF INFECTION AND
ASSOCIATED IMPACT ON CUSTOMERS WILL ALSO HAVE AN IMPACT ON
PLANNED GROWTH OF UET GROUP
    * LONG-TERM PURCHASING PLANNING AND WAREHOUSING ENSURE THAT
SUPPLY
IS SECURED - BASED ON CURRENT FORECASTS AND ORDERS - FOR ALL KEY
COMPONENTS FOR Q2 OF 2020
    * THERE IS CURRENTLY A RISK THAT GROWTH CAN ONLY BE ACHIEVED
IN
LOW DOUBLE-DIGIT PERCENTAGE RANGE
    * SUPPLY IS SECURED - BASED ON CURRENT FORECASTS AND ORDERS
- FOR
ALL KEY COMPONENTS FOR Q2 OF 2020

Source text for Eikon:  ID:nEQ4fXd1qa 
Further company coverage:  CFCG.DE 

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