Veoneer Provides Update to First Quarter 2020 and Current Market Situation
Stockholm, Sweden, March 20, 2020 – Given the rapid changes in the market caused by the effects of the coronavirus outbreak, Veoneer Inc. (NYSE: VNE and SSE: VNE SDB), updates indications of its first quarter 2020, current business situation and short term response actions.· Health and operational crisis management teams have been activated since February, and are working continuously, taking the appropriate actions. In this time of crisis and uncertainty health and safety is our first priority. · First quarter sales are expected to see limited negative impact from the coronavirus