Brief: Euroapi Suspends FY 2024 Guidance Due To Temporary Pause Of Production At Italian Site
14/03/2024 18:02
March 14 (Reuters) - Euroapi SA EAPI.PA :
* FULL-YEAR 2024 GUIDANCE SUSPENDED DUE TO TEMPORARY PAUSE
OF API
PRODUCTION AT BRINDISI SITE IN ITALY
* SITUATION IS EXPECTED TO IMPACT GROUP'S OPERATIONAL AND
FINANCIAL PERFORMANCE
* PRODUCTION WILL REMAIN SUSPENDED UNTIL FURTHER NOTICE
* COMPANY HAS INITIATED A FORENSIC AUDIT AND WILL INFORM ITS
CUSTOMERS
* REVISED FULL-YEAR 2024 OUTLOOK WILL BE PROVIDED IN Q2 2024
* ANNOUNCES THAT ITS ITALIAN SUBSIDIARY, EUROAPI ITALY
S.R.L., IS
SUSPENDING PRODUCTION OF ALL APIS1 IN BRINDISI
Source text for Eikon: ID:nGNEb5RPj8
Further company coverage: EAPI.PA
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