March 17, 2020 / 5:58 AM / 19 days ago

BRIEF-Schlatter Industries FY Consolidated Result Down At CHF 0.5 Mln

March 17(Reuters) - SCHLATTER INDUSTRIES AG:

* FY CONSOLIDATED RESULT DOWN AT CHF 0.5 MILLION (2018: CHF 3.7 MILLION)

* FOR 2020, EXPECTS LOWER SALES BUT STRIVES FOR AT LEAST BALANCED RESULT EXCLUDING CORONA EFFECT

* IF GLOBAL MEASURES TO COMBAT CORONA VIRUS LAST LONGER, THIS CAN HAVE NEGATIVE IMPACT ON 2020 FINANCIAL STATEMENTS

* TO PROPOSE TO DO WITHOUT DIVIDEND FOR 2020

Source text: bit.ly/3d5QPc8 Further company coverage: (Gdansk Newsroom)

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