NZ's Scott Technology at over 4-yr low after warning of virus hit

Scott Technology

19/03/2020 02:54

** NZ's Scott Technology  SCT.NZ  slumps as much as 18.3% to
NZ$1.160, its lowest since Oct. 2015
    ** Automation and robotics solutions provider says
constraints in light of coronavirus pandemic have affected co's
ability to deliver a number of projects in Europe, North America
and Australia, in particular  urn:newsml:reuters.com:*:nNZW4XFSY1
    ** Expects 2020 earnings will be materially impacted, even
though the full extent of impact cannot currently be estimated
    ** Stock has fallen over 35% this year, as of last close

 (Reporting by Shruti Sonal in Bengaluru)
 ((Shruti.Sonal@thomsonreuters.com;))