Brief: Lykis Ltd Says Impact Of Ongoing Middle East Conflict On Export Operations, Financial Performance
20/03/2026 09:09
March 20 (Reuters) - Lykis Ltd LYKI.BO: LYKIS LTD- IMPACT OF ONGOING MIDDLE EAST CONFLICT ON EXPORT OPERATIONS AND FINANCIAL PERFORMANCE LYKIS LTD - FACES INCREASED FREIGHT COSTS AND ORDER FULFILMENT DELAYS LYKIS LTD - SEES MATERIAL RISK OF SHIPMENT DELAYS AND SHORT-TERM VOLUME DECLINES IN AFRICA LYKIS LTD - EXPECTS ADVERSE IMPACT ON NEAR-TERM FINANCIAL PERFORMANCE LYKIS LTD - SEES RISK OF MARGIN COMPRESSION AND WORKING CAPITAL PRESSURE LYKIS LTD - INCURS MATERIALLY HIGHER FREIGHT COSTS PER UNIT DUE TO REROUTING WHICH MAY NOT BE IMMEDIATELY RECOVERABLE THROUGH PRICING ADJUSTMENTS Source text: ID:nBSE2TYmJr Further company coverage: LYKI.BO ((Reuters.Briefs@thomsonreuters.com;))
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