Today’s trading update highlights an inevitable degree of disruption relating to COVID-19, the full financial impact of which is difficult to estimate. The Board has suspended financial guidance for the time being (we withdraw forecasts for now) and taken the prudent decision to suspend the interim dividend to maximise short term liquidity. We consider these sensible steps in light of the unprecedented nature of the current situation and the high level of uncertainty over the depth and
24 Mar 2020
COVID-19 update
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COVID-19 update
Gateley (Holdings) Plc (GTLY:LON) | 126 0 0.0% | Mkt Cap: 165.9m
- Published:
24 Mar 2020 -
Author:
James Tetley -
Pages:
3
Today’s trading update highlights an inevitable degree of disruption relating to COVID-19, the full financial impact of which is difficult to estimate. The Board has suspended financial guidance for the time being (we withdraw forecasts for now) and taken the prudent decision to suspend the interim dividend to maximise short term liquidity. We consider these sensible steps in light of the unprecedented nature of the current situation and the high level of uncertainty over the depth and