Brief: Eimskipafelag Islands Cancels Guidance For 2020

Eimskipafelag Islands hf

25/03/2020 06:31

March 25 (Reuters) - Eimskipafelag Islands hf  EIMS.IC :
    * SAID ON TUESDAY DECIDED TO WITHDRAW ITS GUIDANCE FOR 2020
DUE TO
UNCERTAINTY SURROUNDING COVID-19 PANDEMIC
    * WORKING ON VARIOUS CONTINGENCY PLANNING MEASURES TO LIMIT
EFFECT
OF COVID-19 ON OPERATION
    * INCREASING NEGATIVE IMPACT ON GLOBAL ECONOMIES IS LIKELY
TO
AFFECT SALES & PROFITABILITY IN COMING WEEKS AND MONTHS
    * OPERATING RESULTS IN Q1 HAVE BEEN SOMEWHAT MIXED

Source text for Eikon:  ID:nGNE2r9TpH 
Further company coverage:  EIMS.IC 

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