March 26, 2020 / 7:07 PM / 4 days ago

BRIEF-Manitou Group Updates On Coronavirus Situation

March 26 (Reuters) - Manitou BF SA:

* MANITOU GROUP: UPDATE ON COVID-19 SITUATION

* MANITOU GROUP HAS TEMPORARILY CEASED ITS INDUSTRIAL ACTIVITIES IN ITALY AND INDIA

* THESE SHUTDOWNS FOLLOW THOSE OF THE FRENCH OPERATIONS COMMUNICATED ON MARCH 17, 2020

* WHERE AUTHORIZED AND WHEN CONDITIONS ALLOW IT, GROUP MAINTAINS DISTRIBUTION OF SPARE PARTS IN ORDER TO BE ABLE TO SERVE ITS OPERATING CUSTOMERS

* THE SCALE AND UNCERTAINTIES OF COVID-19 LEAD MANITOU GROUP TO SUSPEND ANY FINANCIAL GUIDANCE FOR THE YEAR 2020

* IN GROUP'S DISTRIBUTION COMPANIES, BUSINESS ALSO VERY SLOW IN MOST GEOGRAPHICAL AREAS DUE TO GLOBALIZATION OF CONTAINMENT POLICIES AND MARKET UNCERTAINTY Source text: bit.ly/3du3rdb Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below