Update on the impact of the coronavirus on Electrolux Professional
Electrolux Professional currently believes that there is a considerable risk that the outbreak of the coronavirus will have a material financial impact during the first half of 2020. As mentioned in the listing prospectus, the business activities in the second quarter 2020 will be significantly more impacted than the first quarter 2020. The development may have a material impact on Electrolux Professional’s manufacturing capacity and ability to serve customers. Additionally, the overall development related to the spread of the coronavirus is expected to lead to canceled or postponed orders