Brief: Petro Welt Technologies Cuts FY Revenue Forecast

Petro Welt Technologies AG

12/10/2020 15:32

Oct 12 (Reuters) - PETRO WELT TECHNOLOGIES AG  O2C.DE :
    * REVENUE FORECAST REDUCED
    * HAS REDUCED ITS FORECAST OF ANNUAL REVENUES OF FISCAL YEAR
2020
FROM EUR 275-282 MILLION TO EUR 265-270 MILLION
    * COMPANY'S FINANCIAL SITUATION IS ALSO IMPACTED BY
DEVALUATION OF
RUBLE THAT TOOK PLACE IN SEPTEMBER 2020
    * RESTRICTIONS RELATED TO COVID-19 REMAIN AS A CONSTRAINING
FACTOR

Source text for Eikon:  ID:nEQTQxn4a 
Further company coverage:  O2C.DE 

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