March 26, 2020 / 6:12 AM / 11 days ago

BRIEF-Valora To Propose One-Time Waiver Of Dividend For 2019

March 26 (Reuters) - VALORA HOLDING AG:

* BOARD OF DIRECTORS ALSO PROPOSES TO ANNUAL GENERAL MEETING A ONE-TIME WAIVER OF DIVIDEND FOR 2019 FINANCIAL YEAR.

* EXPECTS A PRONOUNCED NEGATIVE EFFECT ON EBIT AND NET PROFIT BOTH FOR HALF-YEAR AND FULL-YEAR 2020

* WITH EFFECT FROM 1 APRIL 2020, VALORA WILL APPLY FOR SHORT-TIME WORKING FOR THOSE EMPLOYEES AFFECTED BY CLOSURES AND REDUCED OPENING TIMES Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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