March 19, 2020 / 1:13 PM / 15 days ago

BRIEF-Philion Closes All Telecom Stores In Germany Due To Coronavirus

March 19 (Reuters) - PHILION SE:

* CLOSES ALL TELECOM STORES IN GERMANY DUE TO CORONAVIRUS

* DUE TO UNCERTAIN DURATION AND CONSEQUENCES OF CORONAVIRUS PANDEMIC, IMPACT ON SALES AND EARNINGS FOR 2020 CANNOT CURRENTLY BE QUANTIFIED

* IMPLEMENTATION OF SHORT-TIME WORK AND IDENTIFICATION OF FURTHER SAVINGS POTENTIAL ALSO TAKEN INTO ACCOUNT Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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