Daetwyler Holding: Seen down on outlook cancellation

Daetwyler Holding

08/04/2020 08:00

** Shares in Swiss electronic components supplier Daetwyler
 DAE.S  are seen down 2.9% pre-market
    ** The company says reliable forecast for 2020 is no longer
possible  urn:newsml:reuters.com:*:nFWN2BW00A
    ** It is adjusting capacity, cost structures and capital
expenditure due to declining demand and the closure of several
customers' plants due to the COVID-19 pandemic 
    ** This will lead to short-time working and in some cases to
temporary plant closures

 ((bartosz.dabrowski@tr.com))