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Eutelsat sees marginal revenue impact from Covid-19 pandemic, plans 30% dividend cut

2020-04-10 09:56:00| Telecompaper Headlines

(Telecompaper) Satellite operator Eutelsat trimmed its full-year revenue outlook due to the Covid-19 crisis. Its operating verticals are now expected to generate EUR 1.25 billion in FY 2019/2020, representing a drop of at least EUR 20 million from previous guidance (EUR 1.27-1.32 billion).

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USMEF committed to getting through COVID-19 impact

2020-04-08 18:52:00| National Hog Farmer

Demand for high-quality red meat remains strong even through the COVID-19 disruption of export markets.

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Tesco warns on Covid-19 impact amid FY slump

2020-04-08 14:45:00| Daily apparel & textile news and comment - from just-style.com

UK supermarket Tesco has reported a drop in annual pre-tax profit and revenue amid a warning that Covid-19 could impact its retail cost lines by up to GBP925m (US$1.1bn).

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Asos posts "record" H1 profits but virus impact starting to weigh on sales

2020-04-08 12:47:00| Daily apparel & textile news and comment - from just-style.com

Asos has posted record first-half revenues and profits, but the impact of coronavirus on the most recent three weeks of trading has prompted the UK online fashion retailer to conduct a share sale to shore up its finances, from which it has raised GBP247m (US$306m).

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NXP Semiconductors says Covid-19 impact worse than expected in Q1

2020-04-07 15:08:00| Telecompaper Headlines

(Telecompaper) NXP Semiconductors said the Covid-19 outbreak had a worse-than-expected impact on its results in the first quarter. After already lowering its guidance at the start of March, the company cut the outlook again due to a deterioration in demand. 

Tags: expected impact worse q1

 

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