UPDATE 1-Russia's Headhunter defers interim dividend payment amid pandemic uncertainty [Reuters]
HeadHunter Group PLC - American Depositary Shares (HHR)
Company Research
Source: Reuters
UPDATE 1-Russia's Headhunter defers interim dividend payment amid pandemic uncertainty (Adds details, quote) GDANSK, April 15 (Reuters) - Russia’s Headhunter Group Plc recruitment company said on Wednesday it would defer payment of an interim dividend of $0.50 per share, scheduled for April 20, until further notice due to the uncertainty related to the coronavirus pandemic. Headhunter said the COVID-19 situation had begun to impact recruitment market dynamics in Russia. “We have observed significant decreases in employers’ and candidates’ activity on our platform,” the recruitment firm wrote in a statement. The company also withdrew its 2020 market guidance issued in March, in which it forecasted revenue growth in the range of 21-25% and EBITDA margin between 50% and 52%. It said it was too early to accurately predict the financial impact of the COVID-19 pandemic. “To date, we have not experienced any material disruptions to our normal operations,” Headhunter wrote. The company plans
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