Börse Express – dpa AFX overview: COMPANY from 03/27/2020

VIRUS: Knorr-Bremse takes a look – dividend should flow

MUNICH – The brake specialist Knorr-Bremse strokes
like many other companies because of the corona virus crisis
Annual forecast. In the past two weeks, the negative ones
Influences of the virus crisis increased in importance and numerous
Assumptions made obsolete, like the company on Friday in Munich
announced. Customers and suppliers in many parts of the world
Works temporarily closed. A reliable assessment of the
further business development is therefore currently not possible. Of the
Sales and earnings before interest, taxes, depreciation and amortization
(Ebitda) should drop significantly compared to 2019. The
According to the current status, dividend policy should not be changed
40 to 50 percent of the consolidated surplus should continue
distributed. The amount of the payout is set to be announced on April 21
are given.

Battery company Varta does not want to distribute profits – growth
further in view

ELLWANGEN – The battery manufacturer Varta want his
Retain profit for further investments. Board and
The board of directors is expected to attend on June 18
Propose general meeting to be held for the expired
Balance sheet profit of around 69 million euros reported in the financial year
to carry forward completely on new invoice, the company announced on
Friday in Ellwangen with. This is how the company wants its
Financing power as in the previous year for planned investments
strengthen. The stock rose briefly in the afternoon, but then almost gave up
all winnings off again.

VIRUS / ROUNDUP: Adidas no longer wants to pay rent – management
hourly salaries

HERZOGENAURACH – Notwithstanding billions in profits in the past
The sporting goods manufacturer Adidas wants a fiscal year
initially no more rent for his because of the coronavirus crisis
closed retail stores. “It is correct that
Adidas, like many other companies, makes rent payments as a precaution
temporarily suspended where our shops are closed. We are for that
in close exchange with the landlords concerned, “explained one
Company spokeswoman on Friday, thereby confirming a report by
“Image” newspaper. The Swedish fashion chain also later quit
Hennes & Mauritz a similar approach.

Novartis receives positive recommendation from the CHMP for Zolgensma and

BASEL – Novartis is one with two therapies
EU approval has come an important step closer. So he has
European Committee for Medicinal Products for Human Use (CHMP)
Drug Agency (EMA) of both gene therapy Zolgensma and
an extension of approval from Cosentyx is a positive recommendation
granted, as the EMA announced on Friday.

ROUNDUP / Deichmann, H&M and Adidas: More and more retailers are stopping
Rent payment

EATING – More and more well-known trading companies stop because of the im
Fighting the coronavirus ordered store closings
Rent payments for their branches in Germany. Even great ones
Retail chains like Deichmann or Hennes & Mauritz and
well-known brand manufacturers like Adidas use the in
Law intended to mitigate the aftermath of the Covid-19 pandemic
Possibility to suspend rental and ancillary payments. The
revealed a survey by the German press agency on Friday. At the
Real estate owners association Haus & Grund pushed the one-sided approach
of retail chains to sharp criticism.

VW subsidiary Traton postpones general meeting due to corona virus

MUNICH – The truck and bus builder Traton shifts
due to the coronavirus pandemic its general meeting. The
meetings originally planned for May 28th will be held on a
Postponed later, the company said on Friday
Munich with. An appointment has not yet been made. Connected with it
a time shift in the dividend payment, it said.

VIRUS / ROUNDUP: Crisis costs Volkswagen billions – ‘restart
to prepare’

WOLFSBURG – VW CEO Herbert Diess has plans
possibly even longer lasting consequences and high costs of
Coronavirus pandemic warned for the automaker. “We’re going out of one
strong position in this crisis, “he said on Thursday evening in the
ZDF broadcast “Markus Lanz”. “But our sales are worldwide.
We don’t make sales, we don’t make sales outside
China. “The manufacturer is currently in all other markets
“practically no” cars going on because demand is on the ground.

ROUNDUP: ProSiebenSat.1 boss Conze goes – focus more on

UNTERFÖHRING – The media group ProSiebenSat.1
aligns its strategy more to entertainment and
rebuilds the board based on quarrels in the management team.
CEO Max Conze will join the company with immediate effect
Leaving effect, like the group based in Unterföhring
Munich announced late Thursday evening. With that he listens
not even at the top for two years, in June 2018 the
former head of vacuum cleaner manufacturer Dyson at ProSiebenSat.1
began. Conze (born 1969) was a newcomer to the media business.

Additional Reports

-VIRUS: Baker builds bread drive-in because of Corona

-VIRUS: Ethics Council gives recommendations on how to deal with the corona crisis

-VIRUS: Fashion trade sits on mountains of unsold items

-VIRUS: Adidas no longer wants to pay rent for closed stores

-VIRUS: Swiss Post wants food groups in Heinsberg

-VIRUS: S&P ranks German car manufacturers

-VIRUS / Trump: US government could take shares in airlines

-VIRUS: LafargeHolcim collects forecasts and plans to cut costs

-B.Braun expects sales growth in Corona crisis

-VIRUS: Travel industry demands temporary suspension from
Refund obligation

-VIRUS: Deutsche Bank is relieving pressure on staff cuts

-VIRUS: Czech Skoda plants will remain closed until mid-April

– Almost 200,000 VW diesel customers register for
Comparison offers

-VIRUS / Jobs important for supply: Verdi demands tax-free

-Lufthansa has registered short-time work for thousands of employees

-VIRUS / ‘FT’: H&M wants to pay rent for shops in Great Britain
to stop

-Infineon delivers millions of chips for ventilators – major order

-Deichmann also suspends rent payments

-VIRUS: Clinic operator Helios does not expect any major ones
Financial effects

-VIRUS: EssilorLuxottica, the eyewear company, cancels its annual forecast °

Customer notice:

ROUNDUP: You read a summary in the company overview.
There are several messages on this topic on the dpa-AFX
Intelligence service.

/ fba

AXC0266 2020-03-27 / 15:20

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