April 30, 2020 / 12:31 PM / a month ago

BRIEF-Instal Krakow Records Drop In New Deals In April By 52% Y/Y

April 30 (Reuters) - Instal Krakow SA:

* ON CORONAVIRUS: IN APRIL CLIENTS WITHDREW FROM 4.6% INITIAL DEALS SIGNED IN Q1 CITING EPIDEMICS AS CAUSE

* ON CORONAVIRUS: RECORDS DROP IN NEW PRELIMINARY AND DEVELOPMENT DEALS IN APRIL BY 52% Y/Y

* IF CURRENT SITUATION AND DROP IN SALES REVENUE AT SAME LEVEL CONTINUE FOR EXTENDED PERIOD CO’S Q2 AND FURTHER RESULTS MAY BE SIGNIFICANTLY IMPACTED Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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