Brief: Stille to Be Significantly Impacted During Q2 By Coronavirus

Stille AB

30/03/2020 13:05

March 30 (Reuters) - Stille AB  STLL.ST :
    * COVID-19'S EFFECTS ON STILLE
    * ON CORONAVIRUS: STILLE BELIEVES THAT THERE IS A
CONSIDERABLE
RISK THAT COMPANY WILL BE SIGNIFICANTLY IMPACTED DURING Q2 AS
SALES, RESULT AND CASHFLOW IS EXPECTED TO BE LOWER THAN PREVIOUS
YEAR
    * SALES IN MARCH HAS ALSO BEEN AFFECTED, WHICH RESULTS IN A
SLIGHT
DECREASE IN TURNOVER FOR Q1 COMPARED TO 2019
    * AS OF TODAY, IT IS NOT POSSIBLE TO ANTICIPATE LONG-TERM
EFFECTS
THAT PANDEMIC CAN HAVE ON COMPANY
    * BOARD OF DIRECTORS AND STILLE'S EXECUTIVE MANAGEMENT ARE
CLOSELY
MONITORING SITUATION IN MARKET, PARTICULARLY US MARKET

Source text for Eikon:  ID:nWkr1ZcKYG 
Further company coverage:  STLL.ST 

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