Lehto Group Plc: Lehto withdraws its guidance on 2020 financial outlook
Lehto Group PlcInsider information7 April 2020 at 4.10 p.m. (EET)Corona virus pandemic has created uncertainty in Lehto’s business environment and the visibility has weakened. So far Lehto’s projects have progressed nearly without interruptions but starts of some new projects are delaying because of decisions made by the customers. The company sees risks related to sales, project execution and availability of materials, subcontracting resources and labour resources. Realization of the risks would have effects on Lehto’s year 2020 net sales, profitability and financial position. Due