March 24, 2020 / 7:43 PM / 16 days ago

BRIEF-Bulten's Board Withdraws Proposal For Dividend Of SEK 4 Per Share

March 24 (Reuters) - Bulten AB:

* BULTEN’S BOARD OF DIRECTORS WITHDRAWS PROPOSAL FOR A DIVIDEND OF SEK 4.00 PER SHARE AND TAKE MEASURES TO MITIGATE THE IMPACT OF COVID-19

* COVID-19 HAS HAD A SIGNIFICANT IMPACT ON BULTEN’S DELIVERIES, WHICH WILL HAVE A NEGATIVE IMPACT ON EARNINGS IN Q1.

* TO MITIGATE IMPACT OF COVID-19 CO IS TAKING MEASURES, INCLUDING SHORT-TERM LAYOFFS IN EUROPE Source text for Eikon: Further company coverage:

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