Tag: sees

Veoneer sees ‘limited’ Q1 virus sales hit | Automotive Industry News

Given rapid changes in the current market brought on by the consequences of the coronavirus outbreak, Veoneer has current indications of its very first quarter 2020 results, present-day company situation and shorter term responses.

It mentioned special health and operational crisis administration teams had been operating due to the fact February and continually.

Initially quarter income ended up expected to see constrained unfavorable impact from the coronavirus outbreak, mostly from the 2nd half of March, and in the vary of US$350m to $370m, such as income from VNBS Asia for January.

Underlying income for January and February ended up stronger

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