Financial Guidance For 2020 Suspended

Schouw & Co.

25/03/2020 14:03

March 25 (Reuters) - Schouw & Co A/S  SCHO.CO :
    * REG-FINANCIAL GUIDANCE FOR 2020 SUSPENDED DESPITE HIGH
LEVEL OF
ACTIVITY IN FIRST QUARTER
    * BUSINESS ACTIVITY IN 2020 TO DATE HAS BEEN LARGELY AS
EXPECTED
    * MOST OF OUR BUSINESS UNITS CONTINUE TO OPERATE AT THEIR
USUAL
CAPACITY, AND SO FAR THEY HAVE ONLY EXPERIENCED LIMITED NEGATIVE
EFFECTS ON SUPPLY CHAINS AND PRODUCTION.
    * ALSO HAVE OPERATIONS THAT ARE RELATIVELY SENSITIVE TO
SUPPLY
CHAIN DISRUPTIONS OR TO FAILING DEMAND.
    * DECIDED TO SUSPEND OUR FINANCIAL GUIDANCE FOR 2020
TEMPORARILY
UNTIL WE HAVE A BETTER OVERSIGHT OF CONSEQUENCES OF SITUATION
    * SHAREHOLDERS ARE STRONGLY ENCOURAGED NOT TO ATTEND GENERAL
MEETING IN PERSON

Source text for Eikon:  ID:nGNEbZSJkM 
Further company coverage:  SCHO.CO 

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