Brief: Medicover AB Says Dividend Withdrawn And Potential Effects Of Covid-19 Virus On Q1 2020 And Remainder Of 2020
25/03/2020 22:03
March 25 (Reuters) - Medicover AB MCOVb.ST :
* DIVIDEND WITHDRAWN AND POTENTIAL EFFECTS OF COVID-19 VIRUS
ON Q1
2020 AND REMAINDER OF 2020
* MEDICOVER - EXPECTS Q1 REVENUE AND EBITDA TO BE LARGELY IN
LINE
WITH EXPECTATIONS
* EXPECTS TO SEE A GRADUAL RECOVERY OF EBITDA DURING Q3
* TAKING PRUDENT ACTIONS TO MINIMIZE FINANCIAL IMPACT WHERE
NEEDED
AND WILL REDUCE INVESTMENT ACTIVITIES OVER REST OF 2020
Source text for Eikon: ID:nWkrZkF3L
Further company coverage: MCOVb.ST
((Reuters.Briefs@thomsonreuters.com;))
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