Brief: Leonteq Withdraws Its 2020 Guidance Due To COVID-19 Situation

Leonteq AG

09/04/2020 05:59

April 9 (Reuters) - LEONTEQ AG  LEON.S :
    * WHILE ITS RESULTS HAVE BEEN IMPACTED BY THE COVID-19
SITUATION,
ITS CLIENT BUSINESS REMAINS STRONG AND THE COMPANY IS MAKING
FURTHER PROGRESS IN EXECUTING ITS STRATEGY
    * IS CURRENTLY NOT IN A POSITION TO PROVIDE FINANCIAL
OUTLOOK FOR
FULL YEAR AND IS WITHDRAWING ITS PREVIOUSLY COMMUNICATED 2020
GUIDANCE
    * CURRENTLY EXPECTS FIRST-HALF 2020 PROFITS TO COME IN
AROUND
BREAK-EVEN LEVEL

Source text for Eikon:  ID:nNDL6JTFvn 
Further company coverage:  LEON.S 

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