Brief: Progress-Werk Oberkirch Confirms Preliminary 2019 Results

PWO AG

26/03/2020 12:50

March 26 (Reuters) - PROGRESS WERK OBERKIRCH AG  PWOG.DE :
    * SUPERVISORY BOARD MEETING TO ADOPT FINANCIAL STATEMENTS
    * 2019 PRELIMINARY FIGURES CONFIRMED
    * SHORTER WORK SCHEDULES AT OBERKIRCH SITE
    * 2019 UNAPPROPRIATED RETAINED EARNINGS TO BE CARRIED
FORWARD IN
FULL FOR NOW
    * TO RETAIN DIVIDEND FOR 2019
    * SHORTER SCHEDULES ARE EXPECTED TO REDUCE WORK TIME BY
ALMOST 100
PERCENT, AT LEAST TEMPORARILY.

Source text for Eikon:  ID:nEQ5xC0Lpa 
Further company coverage:  PWOG.DE 

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