TC TECH Sweden AB (publ) logo

TCT BTA - TC TECH Sweden AB (publ) News Story

SEK21.9 0.0  0.0%

Last Trade - 11/01/19

Sector
Industrials
Size
Micro Cap
Market Cap £11.2m
Enterprise Value £9.59m
Revenue £1.17m
Position in Universe th / 1787

BRIEF-TC TECH: Effects Of COVID-19 And Measures To Reduce Operational Costs

Mon 20th April, 2020 7:10am
April 20 (Reuters) - TC TECH Sweden AB (publ)  TCTE.ST :
    * TC TECH UPDATES ON EFFECTS OF THE COVID-19 PANDEMIC AND
IMPLEMENTED MEASURES TO REDUCE OPERATIONAL COSTS
    * ANNOUNCES THAT COMPANY CURRENTLY HAS VERY LIMITED
POSSIBILITIES
TO PHYSICALLY MEET WITH CUSTOMERS AND POTENTIAL CUSTOMERS DUE TO
COVID-19 PANDEMIC
    * ASSESSMENT IS THAT CURRENT COVID-19 SITUATION WILL MAINLY
AFFECT
COMPANY IN FORM OF DELAYS OF EXPECTED ORDERS FROM CUSTOMERS
    * UNDERLYING INTEREST IN COMPANY'S TECHNOLOGY IS EXPECTED TO
STAY
STRONG AND CONTINUE TO GROW IN ALL RELEVANT MARKET SEGMENTS

Source text for Eikon:  ID:nWkr4Y7wGG 
Further company coverage:  TCTE.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))
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