Brief: Kimball Electronics Provides Update On Current Impact Of COVID-19

Kimball Electronics

26/03/2020 12:42

March 26 (Reuters) - Kimball Electronics Inc  KE.O :
    * KIMBALL ELECTRONICS, INC. PROVIDES UPDATE ON CURRENT
IMPACT OF
COVID-19
    * KIMBALL ELECTRONICS INC - HAVE EXPERIENCED AND ARE
EXPECTING
SALES DECLINES IN CERTAIN PRODUCT CATEGORIES
    * KIMBALL ELECTRONICS INC - WHILE OUR FACILITIES IN CHINA
WERE
INITIALLY ADVERSELY IMPACTED DUE TO COVID-19, THEY HAVE NOW
RESUMED NORMAL OPERATIONS
    * KIMBALL ELECTRONICS INC - COMPANY'S OTHER NON-U.S.
OPERATIONS IN
POLAND, ROMANIA, THAILAND, VIETNAM, JAPAN, INDIA, AND MEXICO ARE
ALL AFFECTED
    * KIMBALL ELECTRONICS - MANUFACTURING OPERATIONS LOCATED IN
JASPER, INDIANA, INDIANAPOLIS, INDIANA & TAMPA, FLORIDA, WILL
MAINTAIN NORMAL OPERATIONS
    * KIMBALL ELECTRONICS INC - COMPANY CANNOT PREDICT DURATION
OR
SCOPE OF COVID-19 PANDEMIC
    * KIMBALL ELECTRONICS INC - NEGATIVE FINANCIAL IMPACT ON
RESULTS
FROM COVID-19 CANNOT BE REASONABLY ESTIMATED BUT COULD BE
MATERIAL

Source text for Eikon:  ID:nGNX3BMB2p 
Further company coverage:  KE.O 

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