HeadHunter Group PLC Provides COVID-19 Related Update
HeadHunter Group PLC - American Depositary Shares (HHR)
Company Research
Source: GlobeNewswire
MOSCOW, April 15, 2020 (GLOBE NEWSWIRE) -- HeadHunter Group PLC (Nasdaq: HHR) (the “Company”) today announced several actions related to its response to the rapidly changing market environment from the COVID-19 pandemic. Like many companies around the world, we are facing an unprecedented level of uncertainty with respect to our business outlook for 2020 due to the spread of COVID-19 and associated government measures taken to combat the virus. Russia is currently expected to remain under lockdown at least until the end of April and there is significant uncertainty as to the extent of the nationwide spread of the virus as well as its impact on overall economic activity. 2020 Full Year Guidance Over the past few weeks, the COVID-19 situation has begun to impact the recruitment market dynamics in Russia and we have observed significant decreases in employers’ and candidates’ activity on our platform. While we continue to monitor the situation closely, it is too early to accurately
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