Brief: Update On The Impact From Covid-19 On The Concentric Group

Concentric AB

01/04/2020 09:01

April 1 (Reuters) - Concentric AB  CONIC.ST :
    * UPDATE ON THE IMPACT FROM COVID-19 ON THE CONCENTRIC GROUP
    * CONCENTRIC AB - CONSEQUENCES OF COVID-19 OUTBREAK ARE AFFECTING CONCENTRIC
    * CONCENTRIC AB - INDUSTRIES AND REGIONS IN WHICH BUSINESS OPERATES ARE BEING IMPACTED BY
INITIATIVES BY AUTHORITIES AND CUSTOMERS RELATED TO SPREAD OF VIRUS.
    * CONCENTRIC AB - IT IS VERY DIFFICULT TO PREDICT FULL FINANCIAL IMPACT ON CONCENTRIC GROUP
AT
THIS MOMENT.
    * CONCENTRIC AB - CONCENTRIC IS REACTING QUICKLY TO LIMIT IMPACT BY CLOSING SOME SITES,
REDUCING
COSTS AND NUMBER OF EMPLOYEES
    * CONCENTRIC AB - THERE REMAINS A CONSIDERABLE RISK OF A MATERIAL FINANCIAL IMPACT ON
CONCENTRIC
GROUP AFTER END OF MARCH.

Source text for Eikon:  ID:nWkr6GH0bS 
Further company coverage:  CONIC.ST 

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