March 20, 2020 / 4:59 PM / 9 days ago

BRIEF-Amplifon Proposes To Allocate 2019 Profit To Retained Earnings In Light Of Covid-19

March 20 (Reuters) - Amplifon SpA:

* REVISES 2019 PROFIT ALLOCATION PROPOSAL, PROPOSES TO ALLOCATE 2019 PROFIT TO RETAINED EARNINGS IN LIGHT OF COVID-19

* CONFIRMS IT IS NOT YET POSSIBLE TO ASSESS IMPACT THAT THIS EPIDEMIC WILL HAVE IN CURRENT YEAR

* EXPECTS SHORT-TERM NEGATIVE IMPACT ON DEMAND IN HEARING CARE RETAIL MARKET

* EXPECTS IMPACT TO BE TEMPORARY AND GRADUALLY OFFSET AS SITUATION WILL NORMALIZE Source text for Eikon: 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