Brief: Lu-Ve Says Plants Currently Operating In China, Finland, Poland, Czech Republic, Sweden And The US
06/04/2020 15:39
April 6 (Reuters) - Lu-Ve SpA LUVE.MI :
* PLANTS CURRENTLY OPERATING IN CHINA, FINLAND, POLAND, THE
CZECH
REP., SWEDEN AND THE USA
* PART OF PRODUCTION CURRENTLY STOPPED UNTIL APRIL 13 IN
INDIA AND
ITALY DUE TO COVID-19 CRISIS
* TO RESTART OPERATIONS IN RUSSIA ON APRIL 7
* TO DATE, IT ESTIMATES GROUP'S PRODUCTION CAPACITY IN "LOCK
DOWN"
BETWEEN 50% AND 55%
* DUE TO COVID-19 EMERGENCY, MACROECONOMIC SCENARIO REMAINS
CHARACTERIZED BY STRONG UNCERTAINTY AND LIMITED VISIBILITY
* POSSIBLE IMPORTANT IMPACTS ON PERFORMANCE OF COMMERCIAL,
ECONOMIC AND FINANCIAL RESULTS DUE TO COVID-19 EMERGENCY
* SOLID COVERAGE OF LIQUIDITY RISK
Source text for Eikon: ID:nBIA3kFxdn
Further company coverage: LUVE.MI
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