Amino has released an update on the impact of COVID-19 on the business. Overall, the devices supply chain is returning to normal but the pandemic is now impacting customer spending and the FY 20E outlook clearly remains uncertain. Pending market stabilisation, dividend payments have therefore been suspended - including the proposed FY 19A final dividend which retains an additional $5m within the business. The group has financial headroom of $13.7m as of today. The strategic move towards softw
30 Mar 2020
COVID-19 update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
COVID-19 update
Aferian plc (AFRN:LON) | 11.8 0 0.0% | Mkt Cap: 13.1m
- Published:
30 Mar 2020 -
Author:
Blaine Tatum -
Pages:
3
Amino has released an update on the impact of COVID-19 on the business. Overall, the devices supply chain is returning to normal but the pandemic is now impacting customer spending and the FY 20E outlook clearly remains uncertain. Pending market stabilisation, dividend payments have therefore been suspended - including the proposed FY 19A final dividend which retains an additional $5m within the business. The group has financial headroom of $13.7m as of today. The strategic move towards softw