Brief: Manitou Group Updates On Coronavirus Situation

Manitou Bf SA

26/03/2020 19:04

March 26 (Reuters) - Manitou BF SA  MANP.PA :
    * MANITOU GROUP: UPDATE ON COVID-19 SITUATION
    * MANITOU GROUP HAS TEMPORARILY CEASED ITS INDUSTRIAL
ACTIVITIES
IN ITALY AND INDIA
    * THESE SHUTDOWNS FOLLOW THOSE OF THE FRENCH OPERATIONS
COMMUNICATED ON MARCH 17, 2020
    * WHERE AUTHORIZED AND WHEN CONDITIONS ALLOW IT, GROUP
MAINTAINS
DISTRIBUTION OF SPARE PARTS IN ORDER TO BE ABLE TO SERVE ITS
OPERATING CUSTOMERS
    * THE SCALE AND UNCERTAINTIES OF COVID-19 LEAD MANITOU GROUP
TO
SUSPEND ANY FINANCIAL GUIDANCE FOR THE YEAR 2020
    * IN GROUP'S DISTRIBUTION COMPANIES, BUSINESS ALSO VERY SLOW
IN
MOST GEOGRAPHICAL AREAS DUE TO GLOBALIZATION OF CONTAINMENT
POLICIES AND MARKET UNCERTAINTY

Source text: https://bit.ly/3du3rdb
Further company coverage:  MANP.PA 

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