Market announcement
AS BALTIKA
LEI code
48510000I3W254YEMG75
General information
Categories
Other corporate action
Unique data record identifier
7874
Submission date and time
19.03.2020 09:30:00
Content of announcement in Estonian
Title
Muudatused investorkalendris ja koroonaviiruse (COVID-19) mõju Baltika Grupile
Message
Baltika Grupp teavitab börsi hetkeolukorrast seoses koroonaviiruse (COVID-19) puhanguga ettevõtte põhiturgudel Eestis, Lätis ja Leedus. Seoses koroonaviirusest tekkinud erakorralise olukorraga ja sellest tulenevate negatiivsete mõjude hindamisega Baltika Grupi finantspositsioonile, lükkub AS Baltika auditeeritud 2019 majandusaasta aruande kinnitamine (planeeritud avalikustamise kuupäev 26.03.2020) edasi. Baltika Grupp teavitab börsi esimesel võimalusel uuest majandusaasta aruande avalikustamise kuupäevast. Eesti, Läti ja Leedu valitsused on kehtestanud riikides eriolukorra ning sellest tulenevalt on rakendatud meetmeid, mis avaldavad ühtlasi mõju ettevõtte igapäevasele toimimisele. Leedu valitsuse otsuse alusel suleti 16. märtsil kõik Baltika Grupi brändide poed Leedus. Kaalumisel on poodide sulgemine Eestis ja Lätis. Tarne osas Baltika Grupil hetkel suuri probleeme pole, väiksemal määral esineb hilinemisi. Ettevõte suhtleb aktiivselt hankepartneritega ning võimalike hilinemiste tasandamiseks kaalutakse vastavalt vajadusele teisi transpordivahendeid. Baltika Grupp suunab senisest veelgi suurema ressursi e-poele www.andmorefashion.com (http://www.andmorefashion.com), mille kaudu saavad kliendid kontaktivabalt ostelda. Ettevõttel on keeruline antud oludes prognoosida lähikuude müüginumbreid, kuid grupi juhtkonna hinnangul avaldab koroonaviirus COVID-19 olulist negatiivset mõju ettevõtte finantstulemustele ja likviidsuse olukorrale. Maigi Pärnik-Pernik Juhatuse liige [email protected] (mailto:[email protected])
Content of announcement in English
Title
Changes in investor calendar and impact of coronavirus (COVID-19) on Baltika Group
Message
?Baltika Group informs stock exchange about the current situation related with the outbreak of coronavirus (COVID-19) in the company's main markets in Estonia, Latvia and Lithuania. Due to the extraordinary situation caused by the coronary virus and the evaluation of the negative impact on the financial position of Baltika Group, the approval of the audited Annual Report of 2019 (planned publishing date March 26, 2020) is postponed. Baltika Group will inform the stock exchange as soon as possible of the new date of publication of the annual report. The governments of Estonia, Latvia and Lithuania have established emergency situations in the countries and measures have been implemented which also affect the daily operations of the company. Based on the decision of the Lithuanian government, all Baltika Group's brand stores in Lithuania were closed on March 16. We are considering closing stores in Estonia and Latvia. At present, Baltika Group does not have major problems with the deliveries of goods, and there are few delays. The company is actively communicating with partners and different transportation options are considered for reducing potential delays. Baltika Group will dedicate an even greater amount of resources to the online shop www.andmorefashion.com (http://www.andmorefashion.com) , where customers can shop contactlessly. It is difficult to forecast sales figures for the coming months in these circumstances, but Group management estimates that COVID-19 coronavirus will have a significant negative impact on the company's financial results and liquidity position. Maigi Pärnik-Pernik Member of the Management Board [email protected] (mailto:[email protected])