Brief: Conzzeta Q1 Net Revenue At CHF 298.4 Mln

Bystronic AG

17/04/2020 06:12

April 17 (Reuters) - CONZZETA AG  CONC.S :
    * POSTED NET REVENUE OF CHF 298.4 MILLION FOR FIRST THREE
MONTHS
OF 2020
    * DOWNTURN IN BUSINESS ACROSS ALL REGIONS WAS PRIMARILY DUE
TO
DISRUPTIONS IN PRODUCTION AND SALES CHANNELS CAUSED BY
CORONAVIRUS PANDEMIC
    * HAS INTRODUCED CONSISTENT MEASURES TO CUSHION ECONOMIC AND
SOCIAL IMPACTS, INCLUDING BY MAKING USE OF SUPPORT MECHANISMS
OFFERED
    * FROM SALE OF BUSINESS UNIT SCHMID RHYNER AS PER END OF
FEBRUARY
2020, CONZZETA EXPECTS A DIVESTMENT GAIN OF AROUND CHF 45
MILLION FOR FIRST HALF OF 2020

Source text for Eikon:  ID:nEQ8gY1RZa 
Further company coverage:  CONC.S 

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