Brief: John Lewis Of Hungerford Says Rev To Be Significantly Impacted By Shutdown

John Lewis of Hungerford

30/03/2020 07:43

March 30 (Reuters) - John Lewis of Hungerford PLC  JLH.L :
    * COVID-19 STATEMENT
    * SHOWROOM AND FACTORY CLOSURES WILL REMAIN IN PLACE
INITIALLY FOR
A THREE WEEK PERIOD
    * PRODUCTION FOR ORDERS WHERE DEPOSIT HAS ALREADY BEEN
RECEIVED
FROM CUSTOMERS WILL BE RESUMED WHEN EMPLOYEES RETURN
    * REVENUES WILL BE SIGNIFICANTLY IMPACTED BY SHUTDOWN AND
OVERARCHING UNCERTAINTY IN GLOBAL ECONOMY
    * IN DISCUSSIONS WITH ITS EXISTING BANK IN RELATION TO
LIQUIDITY.
    * IN ADVANCED TALKS WITH A NEW LIQUIDITY PROVIDER IN
RELATION TO
INCREASING OUR NET FACILITIES AGAINST FREEHOLD, IF REQUIRED

Source text for Eikon:  ID:nRSd9584Ha 
Further company coverage:  JLH.L 

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