Brief: Schmitt Anticipates Revenue Pressure On Its Business Lines
26/03/2020 17:58
March 26 (Reuters) - Schmitt Industries Inc SMIT.O :
* SCHMITT PROVIDES COVID-19 UPDATE AND SUPPORT PLANS
* SCHMITT INDUSTRIES INC - INTENDS TO FULLY RETAIN ITS
EMPLOYEES
* SCHMITT INDUSTRIES INC - ANTICIPATES REVENUE PRESSURE ON
THEIR
BUSINESS LINES
* SCHMITT INDUSTRIES INC - IF REVENUES DECLINE
SIGNIFICANTLY,
EXPECT CEO & CFO WILL DECREASE THEIR COMPENSATION LEVELS
Source text for Eikon: ID:nGNX74b9j5
Further company coverage: SMIT.O
((Reuters.briefs@thomsonreuters.com;))
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