March 16, 2020 / 7:17 AM / 16 days ago

BRIEF-Wereldhave Provides Update On Coronavirus Impact On Its Business

March 16 (Reuters) - WERELDHAVE NV:

* WERELDHAVE: UPDATE ON CORONA-VIRUS IMPACT

* ON CORONAVIRUS: IT IS NOT CURRENTLY POSSIBLE TO MEASURE IMPACT THIS WILL HAVE ON COMPANY’S 2020 EPRA EPS

* SITUATION REGARDING OUTBREAK IN EUROPE OF COVID-19 (‘CORONA-VIRUS’) IS HAVING AN UNPRECEDENTED IMPACT ON BUSINESS IN OUR SHOPPING CENTERS

* IN ORDER TO SAFEGUARD COMPANY’S LIQUIDITY PROFILE, WERELDHAVE WILL POSTPONE ANY ADDITIONAL CAPITAL EXPENDITURES WHERE REALISTICALLY POSSIBLE

* OUR COVID-19 CRISIS TEAM WILL CONTINUE TO MONITOR SITUATION WHILE MAINTAINING BUSINESS CONTINUITY AS MUCH AS POSSIBLE

* THESE CIRCUMSTANCES WILL NOT WAIVE ANY CONTRACTUAL RENTAL OBLIGATIONS UNLESS OTHERWISE DIRECTED BY LOCAL LAW OR REGULATIONS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below