Brief: Komputronik Expects Significant Coronavirus Impact On Results

Komputronik SA

16/03/2020 08:40

March 16 (Reuters) - Komputronik SA  KOMP.WA :
    * SAID ON FRIDAY IT EXPECTS THE CORONAVIRUS OUTBREAK WILL
HAVE A
SIGNIFICANT YET IMPOSSIBLE TO CURRENTLY ASSESS IMPACT ON THE
GROUP'S FUTURE FINANCIAL RESULTS
    * SALES IN STORES MAY BE SIGNIFICANTLY REDUCED
    * THE COMPANY IS IDENTIFYING THE RISK OF SHUT-DOWNS OF
PREMISES IN
WHICH THE COMPANY HAS STORES
    * EXPECTS HIGHER SALES THROUGH E-COMMERCE CHANNELS, THE
SCALE OF
WHICH IS IMPOSSIBLE TO ASSESS AT PRESENT
    * SEES RISK OF SUPPLY CHAIN DISRUPTIONS, WHICH CAN AFFECT
SALES
LEVELS
    * THE COMPANY OFFERS MERCHANDISE WHICH IS IN HIGH DEMAND
CONSIDERING RESTRICTIONS TO MOVEMENT, PREFERENCE TO STAY AT HOME
AS WELL AS WORK FROM HOME
    * THE COURSE OF RESTRUCTURING PROCEEDINGS WILL ALSO IMPACT
THE
COMPANY'S OPERATIONAL AND FINANCIAL SITUATION IN THE COMING
REPORTING PERIODS, INDEPENDENT OF EXPECTED CORONAVIRUS IMPACT

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMkGZgCa
    
 Further company coverage:  KOMP.WA  
   


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