STOCKHOLM, April 8, 2020 /PRNewswire/ -- The Covid-19
outbreak is affecting Opus operations, and there is a considerable
risk of a material impact on the Group's financials. Opus is taking
steps to minimize the impact on the Group.
In recent days, a number of government authorities around the
world have introduced measures resulting in a material reduction of
inspection volumes, including the temporary suspension of vehicle
inspection programs. Opus has introduced cost reduction measures to
partially mitigate such volume reduction. Overall, management
believes there is a considerable risk that this will have a
material negative effect on Opus financials, while due to
uncertainties not possible to adequately assess.
This is information that Opus Group AB (publ) is obliged to make
public pursuant to the EU Market Abuse Regulation. The information
was submitted for publication, through the agency of the contact
persons set out herein, at 07:30 CEST
on April 8, 2020.
For additional information, please contact:
Lothar Geilen, CEO
Tel: +46-31-748-34-00
E-mail: lothar.geilen@opus.se
Linus Brandt
CFO & Executive Vice President
Phone: +46-722-44-09-05
E-mail: linus.brandt@opus.se
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/opus-group/r/negative-impact-of-covid-19-on-opus,c3083338
The following files are available for download:
https://mb.cision.com/Main/5106/3083338/1226433.pdf
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SOURCE Opus Group