March 25, 2020 / 4:15 PM / 4 days ago

BRIEF-HanseYachts Suspends 2019/2020 Forecast Due To Coronavirus Impact

March 25 (Reuters) - HANSEYACHTS AG:

* SUSPENDS 2019/2020 FORECAST DUE TO CORONAVIRUS IMPACT

* DUE TO CORONAVIRUS PANDEMIC, PRODUCTION IS SLOWING DOWN AT ALL LOCATIONS

* DUE TO THESE CIRCUMSTANCES, RELIABLE ESTIMATES FOR 2019/2020 BUSINESS DEVELOPMENTS ARE CURRENTLY NOT POSSIBLE

* HOWEVER, EXPECTS LOSS FOR 2019/2020 FINANCIAL YEAR BASED ON EVALUATION COMPLETED TODAY AND CURRENT SITUATION Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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