March 25, 2020 / 7:14 PM / 13 days ago

BRIEF-Cavotec SA Says Revenues For Q1 2020 Expected To Decrease 15-20% Compared To Q1 2019

March 25 (Reuters) - Cavotec SA:

* UPDATE ON OPERATIONAL AND FINANCIAL IMPACT RELATED TO COVID-19

* REVENUES FOR Q1 2020 EXPECTED TO DECREASE 15-20% COMPARED TO Q1 2019

* ORDER BACKLOG EXPECTED TO GROW IN Q1 ON BACK OF STRONG MARKET INTEREST

* NO ORDER CANCELLATIONS RELATED TO COVID-19 SITUATION

* MANY DELIVERIES SCHEDULED FOR LAST TWO WEEKS OF MARCH WILL NOW BE POSTPONED TO NEXT QUARTER Source text for Eikon: Further company coverage:

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