Knorr-Bremse suspends guidance for fiscal year 2020
(WorldNews Germany)

Knorr-Bremse suspends guidance for fiscal year 2020 March 27, 2020 Guidance for fiscal year 2020 due to incalculable economic impacts of Covid-19 suspended Temporarily closures of customer and supplier plants increased rapidly Extensive program of measures to ensure earnings stability and supply capability of the company initiated Increase in liquidity by EUR 750 million creates additional scope for action Dividend policy for fiscal year 2019 remains, subject to further developments, unchanged Knorr-Bremse AG`s guidance for fiscal 2020, which the company published at its annual press conference on March...