Brief: Bulten's Board Withdraws Proposal For Dividend Of SEK 4 Per Share

Bulten AB

24/03/2020 19:39

March 24 (Reuters) - Bulten AB  BULTEN.ST :
    * BULTEN'S BOARD OF DIRECTORS WITHDRAWS PROPOSAL FOR A
DIVIDEND OF
SEK 4.00 PER SHARE AND TAKE MEASURES TO MITIGATE THE IMPACT OF
COVID-19
    * COVID-19 HAS HAD A SIGNIFICANT IMPACT ON BULTEN'S
DELIVERIES,
WHICH WILL HAVE A NEGATIVE IMPACT ON EARNINGS IN Q1.
    * TO MITIGATE IMPACT OF COVID-19 CO IS TAKING MEASURES,
INCLUDING
SHORT-TERM LAYOFFS IN EUROPE

Source text for Eikon:  ID:nWkrxthMq 
Further company coverage:  BULTEN.ST 

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