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SFC: What lies ahead? Companies focused on manufacturing operations, particularly those catering for the food and beverage market, are expected to be materially impacted by the disruptions brought about by the COVID-19 outbreak in the months ahead. There can be no doubt that the suspension of international travel and the closure of hotels, restaurants, bars and other outlets will have a material impact on both the food and beverages sectors of the Group’s business. This uncertainty has been reflected in the recent local equity market sell-off, with SFC’s share price dropping to a low point of €8.00 over the past couple of weeks, reflecting a decline of 36.5% from the recent high of €12.60. Read more in our research note HERE.

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