Brief: SHS Viveon Adjusts 2020 Forecast Due To COVID-19 Pandemic
24/04/2020 10:28
April 24 (Reuters) - SHS VIVEON AG SHSGk.DE :
* ADJUSTMENT OF THE FORECAST FOR THE FINANCIAL YEAR 2020 AS
A
RESULT OF THE COVID-19 PANDEMIC
* 2020 REVENUE IS EXPECTED TO BE AT THE PREVIOUS YEAR'S
LEVEL
(2019: EUR 12.14 MILLION)
* OUTLOOK 2020: EARNINGS FORECAST REGARDING THE EBITDA
MARGIN AND
THE NET INCOME FOR THE YEAR IS MAINTAINED
* VALIDITY OF FORECAST IS BASED ON ASSUMPTION THAT GENERAL
ECONOMIC SITUATION WILL REVIVE RAPIDLY FROM BEGINNING OF H2 2020
AT THE LATEST
* VALIDITY OF FORECAST IS BASED ALSO ON NATIONAL AND
INTERNATIONAL
LOCKDOWN RESTRICTIONS BEING GRADUALLY LIFTED IN H2 2020
Source text for Eikon: ID:nEQ82lGWWa
Further company coverage: SHSGk.DE
(Gdansk Newsroom)
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