Brief: Muza Records Drop In Sales, Sees Negative Impact Of Suspension Of Hotel Operation On Financial Results

Muza SA

23/03/2020 09:52

March 23 (Reuters) - Muza SA  MZA.WA :
    * ON CORONAVIRUS: RECORDS DROP IN SALES DUE TO CLOSED
SHOPPING
CENTRES, ALSO LOWER SALES IN SHOPS THAT REMAINED OPEN
    * SEES RISK IN TEMPORARY SUSPENSION OF OPERATIONS OF HOTEL
IN
SPALA WHICH IS MANAGED BY CO'S UNIT, WHICH WILL NEGATIVELY
AFFECT GROUP'S CONSOLIDATED  RESULTS
    * ON CORONAVIRUS: ALTHOUGH SALES ONLINE HAS RISEN, IT IS NOT
ABLE
TO COMPENSATE DROP IN SALES IN STATIONARY STORES

Source text for Eikon:  ID:nEM3KZZTXa 
Further company coverage:  MZA.WA 

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