March 12, 2020 / 1:59 PM / 16 days ago

BRIEF-Flughafen Wien Sees Coronavirus To Hit FY Revenue And Net Profit

March 12 (Reuters) - FLUGHAFEN WIEN AG:

* CORONAVIRUS TRAVEL RESTRICTIONS IN CONJUNCTION WITH A MASSIVE REDUCTION OF FLIGHTS AT VIENNA AIRPORT HAVE A STRONG NEGATIVE EFFECT ON REVENUE AND NET PROFIT OF FINANCIAL YEAR

* PREVIOUS GUIDANCE CAN DEFINITELY NOT BE REACHED

* NEW FORECAST CURRENTLY NOT POSSIBLE DUE TO UNCERTAINTY OF FUTURE DEVELOPMENT

* ON CORONAVIRUS: EMERGENCY MEASURES TO SAFEGUARD OPERATIONS AND TO CUT COSTS ARE IMPLEMENTED

* THESE INCLUDE PREPARATION OF REDUCED WORKING HOURS AND FURTHER MEASURES TO CUT COSTS SUSTAINABLY Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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