Brief: Jensen Group Expects A Slow Down In Activities Due To Covid-19

Jensen-Group NV

27/03/2020 06:32

March 27 (Reuters) - JENSEN GROUP NV  JEN.BR :
    * JENSEN-GROUP EXPECTS A SLOW-DOWN IN ACTIVITIES DUE TO
SPREAD OF
COVID-19 IN SEVERAL COUNTRIES.
    * COVID-19: WE ARE UNABLE TO ASSESS FOR THE MOMENT THE
DURATION OF
THE COVID-19 CRISIS AND THEREFORE CANNOT ESTIMATE THE IMPACT ON
OUR PERFORMANCE
    * IS OF OPINION THAT THERE IS NO MATERIAL IMPACT ON
FINANCIAL
STATEMENTS AS PER DECEMBER 31, 2019 OF CONSEQUENCES OF WORLDWIDE
SPREAD OF COVID-19 VIRUS
    * GROUP IS OF THE OPINION THAT THE CONSEQUENCES OF COVID-19
ARE
MANAGEABLE FOR THE COMING PERIOD WITH THE KNOWLEDGE AS OF TODAY
    * ON CORONAVIRUS:  THIS SLOW-DOWN WILL HAVE A SIGNIFICANT
IMPACT
ON REVENUE AND ON PROFITABILITY OF COMPANY IN 2020
    * MAKES EVERY EFFORT TO ENSURE MAXIMUM POSSIBLE BUSINESS
CONTINUITY AND TO CONTINUE PRODUCTION WHERE POSSIBLE IN ORDER TO
GUARANTEE EXPECTED DELIVERY DATES

Source text : https://bit.ly/3bvLVUg
Further company coverage:  JEN.BR 

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