Deliveries according to previously communicated order delayed due to COVID-19
Deliveries for the MSEK 57 order to Chugoku Marine Paints communicated by I-Tech in August last year, has been partly delayed due to the current pandemic. The delay will negatively impact I-Tech’s sales for 2020 by approximately MSEK 12.The order, previously communicated to be completely delivered during 2020, will now be partly delivered during the first half of 2021 instead. The reason for the delay is the uncertainty created by the current pandemic which has prompted Chugoku Marine Paints to review its inventories. In order to avoid a too large inventory build-up, the company has