Brief: MS Industrie Says Coronavirus To Affect Sales of Subsidiary
18/03/2020 16:09
March 18 (Reuters) - MS INDUSTRIE AG MSAG.DE :
* REDUCTION OF SALES FOR SUBSIDIARY MS POWERTRAIN
TECHNOLOGIE WILL
AMOUNT TO AROUND EUR 2 MILLION PER WEEK
* SUBSIDIARY MS ULTRASCHALL TECHNOLOGIE IS EXPERIENCING
OPERATIONAL RESTRICTIONS CONCERNING TRAVELING AND CUSTOMER
CONTACTS AS WELL AS CANCELED OR POSTPONED TRADE FAIRS
* ECONOMIC IMPACT OF COVID-19-PANDEMIC ON MS INDUSTRIE GROUP
IN
CURRENT FINANCIAL YEAR CANNOT YET BE ADEQUATELY DETERMINED AND
QUANTIFIED
Source text for Eikon: ID:nPexMlrV5a
Further company coverage: MSAG.DE
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))