Brief: Edding Cancels 2020 Outlook Due To Pandemic

edding AG

14/04/2020 15:46

April 14 (Reuters) - EDDING AG  EDDG_p.F :
    * CANCELS 2020 OUTLOOK DUE TO THE CORONAVIRUS
    * NEW 2020 OUTLOOK TO BE PUBLISHED AS SOON AS IT IS POSSIBLE
TO
MAKE A RELIABLE ASSESSMENT OF FURTHER BUSINESS DEVELOPMENT
    * CORONAVIRUS IMPACT ALREADY RECOGNIZABLE IN COMPANY'S Q1
RESULTS
    * ACCORDING TO PRELIMINARY FIGURES, Q1 REVENUE LOSS WILL BE
A LOW
SINGLE DIGIT PERCENTAGE
    * DAILY SALES, WHICH HAVE BEEN DECLINING SIGNIFICANTLY SINCE
MID-MARCH, LEAD TO A MORE PRONOUNCED REVENUE DECLINE, ESPECIALLY
IN Q2

Source text for Eikon:  ID:nEQ1z8LNra 
Further company coverage:  EDDG_p.F 

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