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

Release

 

Cision View original content:http://www.prnewswire.com/news-releases/negative-impact-of-covid-19-on-opus-301037282.html

SOURCE Opus Group

Copyright 2020 PR Newswire

Grafico Azioni Opus Group Ab (publ) (LSE:0QFH)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Opus Group Ab (publ)
Grafico Azioni Opus Group Ab (publ) (LSE:0QFH)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Opus Group Ab (publ)