Pentair says pandemic reducing production as it withdraws financial guidance

//Pentair says pandemic reducing production as it withdraws financial guidance

Pentair says pandemic reducing production as it withdraws financial guidance

Pentair PLC has been forced to slow production and reduce operations at several of its key facilities as "shelter in place" orders go into effect, the company said on Wednesday. The interruptions have forced the Golden Valley-based company to withdraw its previous first-quarter and full-year 2020 guidance that it provided on Jan. 28, according to a press release issued Wednesday. "The company cannot predict at this time if additional disruption in its facilities may arise or to the extent to which…

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By | 2020-03-25T17:52:50+00:00 March 25th, 2020|Budget and Tax|

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