Nederman Board withdraws its dividend proposal due to market uncertainties
At a board meeting held on March 20, 2020, the Board of Directors of Nederman resolved to withdraw its earlier proposal for a dividend of 2.50 SEK per share and to propose that no dividend is paid.Given the growing uncertainty around the world due to the spread of the COVID-19 coronavirus, and the extraordinary government actions being taken to limit the spread of the virus, business activity in many markets in which Nederman operates is being impacted significantly.Nederman is already experiencing difficulties in deliveries of goods and some customers have closed sites which is causing