Brief: Ferronordic Says Impact On Ferronordic's Business From Volvo Group's Decision To Suspend Operations At Several Production Sites

Ferronordic AB

20/03/2020 17:25

March 20 (Reuters) - Ferronordic AB  FNMA.ST :
    * IMPACT ON FERRONORDIC'S BUSINESS FROM VOLVO GROUP'S DECISION TO SUSPEND OPERATIONS AT
SEVERAL
PRODUCTION SITES
    * FERRONORDIC-SUSPENSION OF VOLVO OPERATIONS TO NEGATIVELY IMPACT CO'S SUPPLY OF
CONSTRUCTION
EQUIPMENT IN RUSSIA,KAZAKHSTAN&SUPPLY OF TRUCKS IN GERMANY
    * CLOSURES COULD ALSO IMPACT SUPPLY OF SPARE PARTS
    * IMPACT OF PRODUCTION CLOSURES ON FERRONORDIC'S OPERATIONS AND FINANCIAL POSITION CAN NOT
BE
ASSESSED AT THIS MOMENT

Source text for Eikon:  ID:nWkr9fYhlv 
Further company coverage:  FNMA.ST 

 ((Reuters.Briefs@thomsonreuters.com;))