Brief: Datacolor Says Economic Slowdown To Hit H1 Results

Datacolor AG

20/03/2020 17:33

March 20 (Reuters) - DATACOLOR AG  DCN.S :
    * HALF-YEAR RESULTS MARKED BY ECONOMIC SLOWDOWN
    * IMPACT OF CORONAVIRUS PANDEMIC WILL ADVERSELY AFFECT
DATACOLOR'S
SALES AND OPERATING PROFIT (EBIT) IN FIRST HALF OF 2019/20
    * ALTHOUGH CO'S PLANT IN SUZHOU, CHINA, IS NOW 100%
OPERATIONAL
AFTER TEMPORARY CLOSURE, SALES AND DELIVERIES CONTINUE TO BE
DELAYED
    * FINANCIAL RESULT AND NET PROFIT FOR H1 2019/20 ARE ALSO
EXPECTED
TO BE SIGNIFICANTLY AFFECTED BY CURRENT DOWNTURN OF FINANCIAL
MARKETS
    * WILL COMMENT ON ITS EXPECTATIONS FOR FISCAL 2019/20 IN
CONTEXT
OF PUBLICATION OF HALF-YEAR REPORT 2019/20 ON MAY 8

Source text for Eikon:  ID:nTENzodpva 
Further company coverage:  DCN.S 

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