March 16, 2020 / 4:36 PM / 15 days ago

BRIEF-Global Cosmed Sees Increased Market Demand For Co's Cosmetic Products Due To Coronavirus Outbreak

March 16 (Reuters) - Global Cosmed SA:

* ON CORONAVIRUS: DUE TO CORONAVIRUS OUTBREAK MANAGEMENT SEES INCREASED MARKET DEMAND FOR CO’S COSMETIC PRODUCTS, ESPECIALLY FOR “APART NATURAL” SOAP

* ON CORONAVIRUS: SAYS IS WORKING ON PRODUCTS IN COSMETICS AND HOUSEHOLD CHEMICALS SEGMENTS

* ON CORONAVIRUS: SAYS THERE ARE DISTURBANCES IN SUPPLY OF RAW MATERIALS AND PACKAGING FOR PRODUCTION COMBINED WITH SPECULATIVE INCREASE IN THEIR PRICES

* ON CORONAVIRUS: SAYS THERE ARE CHALLENGES REGARDING MAINTAINING PRODUCTION EFFICIENCY AND DELIVERY PERFORMANCE DUE TO EMPLOYEE ABSENCES

* ON CORONAVIRUS: SAYS CORONAVIRUS OUTBREAK MAY HAVE IMPACT ON CO’S FINANCIAL RESULTS IN 2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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